Tax havens and Brazilian Amazon deforestation linked

Tax havens are found in countries that demand no or low taxes for the transfer of foreign capital through their jurisdictions. Typically, tax havens, like those in the Cayman Islands, are very secretive and lack transparency. This secrecy protects institutional or individual investors from being in the public spotlight when making investments that are controversial, such as those in agribusiness companies in Brazil known to have caused significant Amazon deforestation, or those investing in illegal fishing

farmlandgrab.org | Tax havens and Brazilian Amazon deforestation linked: study