As IRS crusades against Americans hiding money offshore, Latin American tax cheats flock to U.S. banks

By Michael Hudson

U.S. and its banks called "biggest tax haven" in world

Excerpts from this story referencing "Cayman Islands":

"… r-in-chief of U.S.-based Tax Notes International. “People joke about the Cayman Islands. The biggest haven is an island, all right. It’s either Manhattan or Gre …"

Reform reading: Senator asks Fed for details of loans to rich investors, tax haven funds

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

Excerpts from this story referencing "Cayman Islands":

"… Fed lend to hedge funds and investment funds based in tax havens like the Cayman Islands?• Why did the Fed bail out the state-owned Korea Development Bank, the s …"

More Harken Energy Corporation documents

August 1, 2002 — The New York Daily News reported on July 30 that Harken Energy Corporation set up a Cayman Islands subsidiary, the Harken B

Excerpts from this story referencing "Cayman Islands":

"… ork Daily News reported on July 30 that Harken Energy Corporation set up a Cayman Islands subsidiary, the Harken Bahrain Energy Company, on September 1, 1989, in co …"

"… for oil off the coast of Bahrain, an island nation in the Persian Gulf.The Cayman Islands are a well-known offshore tax haven for both individuals and corporations. …"

"… rnal Revenue Service alleged, for example, that Halliburton Company used a Cayman Islands subsidiary, Halliburton Global Limited, to avoid payment of $38 million in …"

"… the White House said.”The Center has obtained a computer record from the Cayman Islands showing the date of incorporation of Harken Bahrain Oil Company. Among the …"

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The Bush 100

By Derrick Wetherell

WASHINGTON, January 14, 2002 — The average net worth of the individual members of the Bush cabinet, including the President and Vice Preside

Excerpts from this story referencing "Cayman Islands":

"… ompanies, including Israel Industrial Resources LLC, which is based in the Cayman Islands-a jurisdiction known as much for its stringent bank secrecy laws and appea …"

Foreign lobbyist database could vanish

By Kevin Bogardus

WASHINGTON, June 28, 2004 — Justice Department officials say a huge database that serves as the public's lone window on lobbying activities

Excerpts from this story referencing "Cayman Islands":

"… , Bob Livingston, is listed representing the governments of Turkey and the Cayman Islands. Giant public relations shop Hill & Knowlton Inc. is shown representin …"

CIA gave at least $10 million to Peru's ex-spymaster Montesinos

June 28, 2001 — The Central Intelligence Agency gave ex-Peruvian spymaster Vladimiro Montesinos at least $10 million in cash over the last d

Excerpts from this story referencing "Cayman Islands":

"… deposited in foreign bank accounts in Switzerland, the United States, the Cayman Islands and other nations, Peru’s equivalent of attorney general, Nelly Calderon …"

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The adventure capitalist

By Mungo Soggot and Phillip van Niekerk

Niko Shefer's takeover of Africa

Excerpts from this story referencing "Cayman Islands":

"… Rev. Pat Robertson, whose Freedom Gold Limited, which is registered in the Cayman Islands, cut a deal with Taylor that reportedly gave Taylor and his cronies 10 per …"

Bob Dole: Indonesia's man in Washington

By Kevin Bogardus

Former Republican presidential candidate is paid to lobby for the country's oil interests

Excerpts from this story referencing "Cayman Islands":

"… multi-million dollar legal case brought against it by Karaha Bodas Co., a Cayman Islands-based joint venture between U.S. companies Caithness Energy and Florida Po …"

Gimme shelter (from taxes)

By Jonathan Werve

U.S. oil and gas companies have 882 subsidiaries in tax haven countries

Excerpts from this story referencing "Cayman Islands":

"… have at least 882 subsidiaries located in oil-free tax havens such as the Cayman Islands, Bermuda, and even the tiny European principality of Liechtenstein, a Cent …"

"… formation showing where subsidiaries of companies are located was used.The Cayman Islands were by far the most popular choice for U.S. oil and gas company subsidiar …"

"… hat.In 1989, Harken Energy Corp. set up Harken Bahrain Oil Co. in the Cayman Islands to oversee a drilling contract with the government of Bahrain. When questi …"

"… he U.S. companies incorporated in tax havens are GlobalSantaFe Corp. (Cayman Islands), McDermott International (Panama), Nabors Industries(Bermu …"

U.S. companies hiding revenue offshore

By The Center for Public Integrity

The IRS does fewer audits on offshore taxpayers, even as more corporations move to hide revenue in offshore accounts

Excerpts from this story referencing "Cayman Islands":

"… ears, including a July 2008 panel focused on the tropical tax haven of the Cayman Islands, where one office building purports to house 12,748 corporations. The IRS …"

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