Latest News for: Offshore wealth

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Australian billionaires face wealth tax under Greens’ Robin Hood-style policies

The Observer 10 Feb 2025
... tax on their wealth above $1bn. The policy would also impose a 10% limit on so-called “capital flight” each year, curbing the ability of billionaires to shift their wealth offshore to escape the tax.
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Tax the superrich, we have a world to win

The Manila Times 08 Feb 2025
Two-thirds of this amount — more than $347 billion — is lost to multinational corporations shifting profit offshore to underpay tax, while the remaining third — over $144 billion — is lost to wealthy individuals hiding their wealth offshore.
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The Ultrarich Weren’t Always This Selfish

The Atlantic 07 Feb 2025
The savvy used patronage to expand, not drain, their wealth ... The wealthy were not allowed to simply hoard their wealth, park it in an offshore haven, and escape catastrophe by sailing away from a collapsing society on a superyacht.
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‘Denmark is showing the world what is possible’: how the North Sea became the ‘green ...

AOL 04 Feb 2025
And this abundance of renewable energy sources is inspiring innovators to create new green technologies that could revolutionise notoriously dirty industries and create a wealth of new opportunities.
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New British Virgin Isles measures don’t protect businesses or privacy – they protect criminals

The Guardian 04 Feb 2025
An investigation by the Guardian, the Bureau of Investigative Journalism and the BBC, published last week, revealed how Abramovich may have exploited Britain’s offshore havens to funnel wealth through ...
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Offshore Wind-ing Down in Europe

Hot Air 03 Feb 2025
Trump has suspended federal offshore wind leasing pending an environmental and economic review ... The global offshore wind industry has been hit by surging costs, rising interest rates and supply chain bottlenecks ... 💨 Quadruple offshore wind.
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Trends driving hidden financial flows through global trade

B & FT Online 27 Jan 2025
On the other hand with pull factors, a major attraction is the greater ability of rich countries and “,” such as tax havens and offshore centers, to store wealth, secure assets and , drives many to move their wealth out of developing countries.
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