"At one time, tax havens took great pride in calling themselves just that, since low-tax jurisdictions provide people with freedom from oppressive taxation.""But, in recent decades, the Organisation for Economic Co-operation and Development (OECD, based in France but largely funded and controlled by the U.S.) has been on a rampage to crush tax havens.The attacks have been regular and forceful, and although tax havens still exist around the world, every one of them has caved to a greater or lesser degree to ever more stringent OECD “international practices.” Presently, all tax havens live in fear of the OECD and its powerful enforcer, the U.S."
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