The battle seemed like a no-brainer: The world’s superpowers launched an effort to force tiny tax havens such as the Cayman Islands, Barbados and Mauritius to raise their taxes. Yet, in this contentious war of words, the underdogs prevailed. In his look at the major nations’ four-year attempt to crack down on tax havens, J.C. Sharman produces an intriguing study of what the big countries did wrong and what the small states did right. While his style is stilted at times, Sharman delivers a trenchant analysis of this high-stakes dispute and its surprising outcome. getAbstract recommends this bracing David-and-Goliath story to readers seeking perspective on the tax wars in particular and on international relations in general.
In this summary, you will learn
- What tax havens are and
- How these small states defeated the global superpowers in an international battle for tax reform.
About the Author
J.C. Sharman is senior lecturer in government and international relations at the University of Sydney. He also wrote Repression and Resistance in Communist Europe.