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Offshore Investment Has Dipped Slightly, Says UN

by Mike Godfrey, Lowtax.net, Washington
05 May, 2016

A recent United Nations report says that investment flows to offshore financial hubs have declined but remain high.

According to the latest United Nations Conference on Trade and Development (UNCTAD) Global Investment Trends Monitor, investment flows to offshore financial centers continued to retreat from their recent high of USD132bn in 2013, but remained roughly in line with the flows of previous years.

Meanwhile, investment flowing through special purpose entities (SPEs) rose sharply compared with 2014, reaching the levels last registered in 2012-2013.

The proportion of investment income booked in low-tax, often offshore, jurisdictions is high – and possibly growing, the report says.

UNCTAD notes that the disconnect between where income is generated and where it is taxed is a key concern for policy makers.


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