The participants at the G20 London Summit will meet for just one day to discuss how we can all survive the global recession, reform and strengthen the world’s financial and economic systems and look forward to future growth.
One can only hope that they do not distract themselves unnecessarily by spending time considering the sideshow topic of tax havens. If they have the time, it might be better spent drawing back the knife from the tax havens and chopping away at the mass of tax rules that make their use attractive in otherwise uncontroversial commercial transactions.
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