---
product_id: 18212466
title: "The Hidden Wealth of Nations: The Scourge of Tax Havens Hardcover – September 22, 2015"
brand: "gabriel zucmanteresa lavender faganthomas piketty"
price: "VT7987"
currency: VUV
in_stock: true
reviews_count: 8
url: https://www.desertcart.vu/products/18212466-the-hidden-wealth-of-nations-the-scourge-of-tax-havens
store_origin: VU
region: Vanuatu
---

# The Hidden Wealth of Nations: The Scourge of Tax Havens Hardcover – September 22, 2015

**Brand:** gabriel zucmanteresa lavender faganthomas piketty
**Price:** VT7987
**Availability:** ✅ In Stock

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- **What is this?** The Hidden Wealth of Nations: The Scourge of Tax Havens Hardcover – September 22, 2015 by gabriel zucmanteresa lavender faganthomas piketty
- **How much does it cost?** VT7987 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.vu](https://www.desertcart.vu/products/18212466-the-hidden-wealth-of-nations-the-scourge-of-tax-havens)

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## Customer Reviews

### ⭐⭐⭐⭐⭐ Gimme Shelter
*by J***R on May 5, 2016*

This short but potent book is virtually the first treatment of the scourge of offshore bank accounts. Zucman’s expose maybe read in one or two sittings but contains a wealth of information on an issue discussed but little understood.There is a good reason why his book is so short. There are not a lot of solid information about this area because the subject is, well, hidden. THis is a netherworld of offshore banking, where, in addition to “wealth management,” a euphemism Zucman deciphers as “tax evasion,” the hallmark of this type of banking is secrecy. The wealthy utilize offshore accounts for the express purpose of squirreling away cash and to avoid paying taxes. To hide these assets even further, Zucman reveals that if not holding the deposits of these super-rich, which include not only individuals but corporations and other business entities, these offshore banks will manage mutual fund accounts for their clients held by other off shore entities.Zucman includes the global multinational corporations as the other main participants of this phenomenon. The multinationals use a different tax dodge, typified in a recent news story concerning Apple. Apple created controversy when it was revealed the corporation paid little corporate tax in the US (!), because its profits had been transferred to Ireland, all apparently legal moves. Zucman classifies this as another example of “hidden wealth.”We all pay the price for this skullduggery. The countries that can need the tax revenues the most for infrastructure and domestic purposes are the most prominent victims of these offshore activities. Zucman conservatively estimates that up to one tenth of the world’s wealth are held in offshore accounts, while countries such as Russia have to fifty percent of their GDP in offshore account.The most famous of these offshore accounts are in Swiss banks. Other locations exist in Hong Kong, Singapore, Cayman Islands, the Bahamas, and other locales. Zucman debunks several myths concerning Swiss banks.Zucman shines a light on a particularly nefarious business practice. This is required reading.

### ⭐⭐⭐⭐ the state of the world of tax avoidance and what we might do to end it
*by S***L on January 8, 2017*

One Star: this book won't teach you how to hide your money!Yes, I'm joking.Hidden Wealth is an informed view into the current state of the movement of money out of taxable states into low to no tax hiding places.spoiler: those polite Swiss are still screwing the rich worldThe author proposes how to resolve this issue but without realistic considerations, eg: even more regulationFor a book that could be a very dry and academic the English language edition is written in beautiful prose. Kudos to the author and translator Teresa Lavender Fagan.

### ⭐⭐⭐⭐⭐ Zucman is a very accomplished economist that has creatively and ...
*by C***H on November 6, 2015*

Zucman is a very accomplished economist that has creatively and persistently created a giant and rare data base on financial flows among nations. His creative accounting of portfolio investment solves many problems that have eluded the plodding efforts of governments and international financial institutions. His data and analysis is probably the closest we will ever come to a snapshot of offshore money.USA money in Luxembourg is a huge finding. The fact that caribbeans are just a conduit and not a tax shelter or a secret cache is another finding.A must read for investigators wondering where this money is resident. Don't look to Bermuda - look at Europe.

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*Product available on Desertcart Vanuatu*
*Store origin: VU*
*Last updated: 2026-05-09*