Treasure Islands is a book by political analyst and associate Fellow of the Royal Institute of International Affairs Nicholas Shaxson

Nicholas Shaxson

Nicholas Shaxson is a British author, journalist, and an Associate Fellow of Chatham House . He is best known for his investigative books Poisoned Wells and Treasure Islands...

 about the secretive role of offshore bank

Offshore bank

An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction that provides financial and legal advantages. These advantages typically include:...

s and tax haven

Tax haven

A tax haven is a state or a country or territory where certain taxes are levied at a low rate or not at all while offering due process, good governance and a low corruption rate....

s in global economic affairs

Economic globalization

Economic globalization refers to increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology and capital...

. The book was first published on 6 January 2011.

The publication is promoted by the Tax Justice Network

Tax Justice Network

The Tax Justice Network is a coalition of researchers and activists with a shared concern about what they argue are the harmful impacts of tax avoidance, tax competition and tax havens, which "corrupt national tax regimes and onshore regulation, and distort markets by rewarding economic...

.

Reviews

The Irish Times calls "Treasure Islands" an excellent book that explains how tax evasion of multinational companies has disastrous consequences for global politics and human well-being. Reviews have mostly been positive, and are summarised on the Treasure Islands website.

Adaptation

A documentary thriller called "Cashback" is currently being produced and due for release in 2012. It will be directed by the two British

British people

The British are citizens of the United Kingdom, of the Isle of Man, any of the Channel Islands, or of any of the British overseas territories, and their descendants...

 brothers, Marc and Nick Francis, the film makers behind the award-winning film Black Gold.