Tax Law Speaker Series - Ten Truths about Tax Havens: Inclusion and the ‘Liberia’ Problem

There has been a decades-long effort to repair an increasingly fragile international tax system. One reason it has foundered has been what we identify as the ‘Liberia problem’. In 2000, the powerful Organisation for Economic Cooperation and Development identified Liberia—but not Switzerland—as a tax haven and targeted it for sanctions.  It did not go well. During the two decades since, everything has changed yet seemingly from this lens of inclusion nothing has changed at all.