Tax havens 'hiding 5,800 billion euros': the shocking audit of a worldwide scam

French economist Gabriel Zucman is carving a reputation as one of the leading specialists on the growing business of organized tax evasion and the cost of tax havens to the public purse. Zucman, an assistant professor with the London School of Economics and a visiting scholar with the University of California, Berkeley, has just completed his latest study of this gigantic worldwide fraud, published in France under the title ‘La Richesse cachée des nations - Enquête sur les paradis fiscaux’ (The hidden wealth of nations -an investigation into tax havens). In this interview with Dan Israel, he presents his calculations of the staggering amounts of assets secretly stashed in tax havens across the globe, and offers his own proposals for tackling the problem.