Off shore funds

There was a criticism raised, a question raised about the figure I gave of  some $3 Trillion dollars in off shore accounts.
Here is supporting evidence.

Financial tax

This Forbes article describes some of the size of the problem.

http://www.forbes.com/sites/connieguglielmo/2013/08/01/apple-google-among-top-u-s-companies-parking-cash-offshore-to-reduce-taxes-study-says/

http://www.independent.ie/business/irish/eu-launches-probe-into-our-sweetheart-tax-deals-for-us-firms-29573181.html

http://www.theguardian.com/global-development/datablog/2012/jul/19/developing-world-offshore-wealth-external-debt

U.S. corporations.

http://www.uspirg.org/reports/usp/offshore-shell-games

note.  European corporations also have off shore funds, as do Asian corporations.  So, the above is only a partial- U.S. list.
The OECD study was also sent to the respondent.

and,

Tax Havens by the Global Elite.

http://www.icij.org/offshore/secret-files-expose-offshores-global-impact

Hiding money off shore.

$21 trillion: Hoard Hidden From Taxman By Global Elite

* Study estimates staggering size of offshore economy

* Private banks help wealthiest to move cash into havens

Heather Stewart, business editor

guardian.co.uk

21 July 2012

http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy

A global super-rich elite has exploited gaps in cross-

border tax rules to hide an extraordinary £13 trillion

($21tn) of wealth offshore - as much as the American and

Japanese GDPs put together - according to research

commissioned by the campaign group Tax Justice Network.

James Henry, former chief economist at consultancy

McKinsey and an expert on tax havens, has compiled the

most detailed estimates yet of the size of the offshore

economy in a new report, The Price of Offshore

Revisited, released exclusively to the Observer.

See article for details.