Monaco defends its tax haven status - 21 Jun 09
  • 12 years ago
Tax havens are widely blamed as one of the root causes of the global economic crisis.

At the annual G20 summit in April, world leaders promised to launch a crackdown on tax havens. But so far, little appears to have changed.

Al Jazeera's Hamish Macdonald begins his investigation in the European principality of Monaco.