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Capital Without Borders: Wealth Managers and the One Percent - Couverture rigide

Harrington, Brooke

 
9780674743809: Capital Without Borders: Wealth Managers and the One Percent
Couverture rigide
ISBN 10 : 0674743806 ISBN 13 : 9780674743809
Editeur : Harvard University Press, 2016

Synopsis

How do the one percent hold on to their wealth? And how do they keep getting richer, despite financial crises and the myriad of taxes on income, capital gains, and inheritance? Capital without Borders takes a novel approach to these questions by looking at professionals who specialise in protecting the fortunes of the world s richest people: wealth managers. Brooke Harrington spent nearly eight years studying this little-known group including two years training to become a wealth manager herself. She then followed the money to the eighteen most popular tax havens in the world, interviewing practitioners to understand how they helped their high-net-worth clients avoid taxes, creditors, and disgruntled heirs all while staying just within the letter of the law.

"Capital without Borders" reveals how wealth managers use offshore banks, shell corporations, and trusts to shield billions in private wealth not only from taxation but from all manner of legal obligations. And it shows how practitioners justify their work, despite evidence that it erodes government authority and contributes to global inequality.

Harrington s research offers the first glimpse into the tactics and mentality of a secretive profession that controls astonishingly large flows of capital around the world. Based on sixty-five practitioner interviews conducted in the traditional financial centers of Europe and the Americas as well as the up-and-coming tax havens of Africa, Asia, and the South Pacific Capital without Borders gives voice for the first time to an elite that has worked quietly and unobtrusively to enrich the one percent.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Brooke Harrington is the Alexander von Humboldt Research Fellow at the Max Planck Institute for the Study of Societies.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Harvard University Press
Date d'édition
2016
Langue
anglais
ISBN 10 
0674743806
ISBN 13 
9780674743809
Reliure
Relié
Nombre de pages
400
Coordonnées du fabricant
non disponible
Personne responsable
Amazon EU Sarl
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www.amazon.com

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