As I was browsing the internet the other day, I came across this little gem created by the International Consortium of Investigative Journalists: http://www.youtube.com/watch?v=gy2RgjIIZyA It is a short animated clip entitled, “Tax Havens 101: The High Cost of Going Offshore”. The video provides good insight into the world of offshore tax havens, shell corporations, and … Continue reading »

In July 2013, the Chinese authorities announced an investigation into the business dealings of a British pharmaceutical giant, GlaxoSmithKline (GSK), and detained four senior executives in connection with the investigation. The crime? GSK allegedly funneled money through travel agencies to bribe government officials and doctors (government officials in the Chinese state-run health system) to provide … Continue reading »