Home » Expatriate News

Divine Wrath Directed at Tax Havens in Vatican Report

8 December 2008 314 views No Comment
Pope Benedict attacks tax havens in a Vatican report - 'They have given support to imprudent economic and financial practices and have also played a significant role in the imbalances of development, allowing a gigantic flight of capital linked to tax evasion,' says the report. 'Offshore markets could also be linked to the recycling of profits from illegal activities.'

Does this mean good Catholics should abstain from investing offshore?

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

OffshoreInn.com is a Gravatar enabled website. A nice little picture will show next to your comment rather than the default grey symbol if you get your own globally recognised avatar. Please register at Gravatar. If you don't feel like it then that's not a problem. OffshoreInn.com will publish all comments automatically when we know you - after your first post - and we appreciate your feedback.