"What might Brexit do for tax havens and tax justice?," 20 Jun 2016

…‘Brexit’ would almost certainly see the UK itself push further down the road of tax havenry, hurting its own citizens and causing wider global damage…Brexit…would be likely to be a boon for tax havens, a bane for progressive taxation and transparency, and a boost to further financial deregulation, and the impunity of tax evasion and corruption of the type revealed in the Panama Papers…Financial sector dominance is generically bad for tax justice…The corollary of this would be that if Britain left Europe, the City of London would lose influence in Europe…and a different, more progressive financial agenda *might* become possible, at least in Europe…Meanwhile, Europe would still be in a position to demand many concessions from Britain…Another factor to consider…is that Brexit would, in the view of many economists, cause a deep economic crisis in Britain and in Europe…Brexit is a recipe for the race to the bottom. That is the exact antithesis of tax justice…