What Are Tax Havens And How Do They Work?

Since the leak and subsequent complete disregard of the Panama Papers and Paradise Papers the concept of Tax Havens have been thrust into the limelight
Today, roughly $8.7 trillion is held in off-shore accounts in tax havens across the globe. But what are tax havens? How do they work and how do they mess with the global economy and regular people’s wallets? Well, Let’s Find Out.