23.07.2012 Other Voices: Global super-rich hiding at least $21tln in secret tax havens
This report was authored by James Henry, former chief economist at McKinsey, for the Tax Justice Network.

At least $21 trillion of unreported private financial wealth was owned by wealthy individuals via tax havens at the end of 2010. This sum is equivalent to the size of the United States and Japanese economies combined.

There may be as much as $32 trillion of hidden financial assets held

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