Topic: Tax Havens

The Super Rich Are Hiding $21 Trillion in Tax Havens

Cayman Islands, via flickr user scaturchio

A new study estimates that the "global super-rich elite" are hiding at least $21 trillion in tax havens like the Cayman Islands. And that number is just cash, like real dollars, and doesn't account for real estate or property that would bolster a rich person's net worth.

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