Mapped: The world's biggest tax havens

By Ashley Kirk

"The Financial Secrecy Index, which is completed by the Tax Justice Network and ranks the world's 82 largest tax havens, is based on two factors - a territory's financial secrecy score, and its share of the global market for offshore financial services.

"The list places Switzerland top, followed by Luxembourg, Hong Kong, Cayman Islands and Singapore.

"Samoa is the most secretive state on the list, with a score of 88 out of 100. This is based on fifteen factors, including banking secrecy and company ownership records. Samoa accounts, however, for less than one per cent of the global market for offshore financial services."

Read more in City A.M.: http://www.cityam.com/209310/mapped-worlds-biggest-tax-havens