Tax Havens: The Caribbean's Complex Reality

This chapter examines the appeal of Caribbean tax havens like Bermuda and the British Virgin Islands amidst growing global scrutiny over tax avoidance. It discusses the implications of offshore accounts and shell companies, illustrating how legal advantages are often intertwined with illicit activities. Furthermore, the chapter addresses recent regulatory efforts aimed at enhancing transparency and combating tax evasion while reflecting on the historical impacts of significant global events.