I found &quot;Treasure Islands: Tax Havens and the Men who Stole the World&quot; a very interesting book on tax havens, and it made the point about the US.<p>I also found this idea from the book enlighting: All the tax havens around the US, they don&#x27;t have &#x27;real&#x27; banks, they put the money into NYC banks. Same with the UK: Tax havens in the cloud&#x2F;former empire of the UK put the money into banks in London. The real beneficiary are not those islands, but US and UK banks.