World Policy Journal: The Next Rising Tax Haven

Since the first tax was levied, there have been tax havens. But surprisingly, some of the popular tax havens are no longer the usual suspects—remote Caribbean islands, for instance. Instead, tomorrow’s havens of choice are more likely to be major cities across the globe—London, New York, and beyond. From Buenos Aires, Andres Knobel of the Tax Justice Network, suggests improved transparency, punishments for non-compliance, and increased participation by the United Nations are essential to taking the right steps to battle this expanding financial fraud.