Bill McBride — NY Times: Following Cyprus bank closings, Other Tax Havens step in

Particularly successful at luring Russians, Cyprus has built up a large infrastructure of lawyers, accountants and other professionals schooled in the arts of tax avoidance. Its corporate registry now has 320,000 registered companies, a staggering number for a country with only 860,000 people.

Calculated Risk NY Times: Following Cyprus bank closings, Other Tax Havens step in Bill McBride