In Defence of a Tax Haven

Of the 200,000 companies shown to have been set up by Mossack Fonseca, the company at the heart of the Panama Papers, more than half are in the British Virgin Islands (BVI). BVI lawyer Dan Wise from Martin Kenney & Co. tells us why the British overseas territory is such a popular destination.

(Photo: A protest against tax havens in London, 2013; Credit: Getty Images)