The following index ran in this week's Facing South e-newsletter.

Estimated value of assets the IRS believes to be held in offshore tax havens, countries with nominal taxes and minimal reporting requirements: $5 trillion

Number of countries that aggressively market themselves as tax havens: at least 40

Percent of the biggest U.S. corporations that utilize tax havens: 80

Number of U.S. companies that maintain post office boxes in one 5-story building in the Cayman Islands, a notorious tax haven: over 18,000

Number of tax havens used by Charlotte, N.C.-based Bank of America: 115


MORE...(Including links)

http://www.southernstudies.org/2009/04/gue...