STREAM #6 / 15 June 2020
The public seemingly responds to revelations by authorities, journalists, and others about the millions in national currencies that have sunk into exotic offshore locations with the resigned realisation that everything will remain the same. This is true, but it also obfuscates the real consequences of tax havens: the millions of euros that never reach a country’s budget and are often a result of transnational crime.
After the Panama Papers shook the global markets in 2016, some states fought back by installing registers of beneficial owners. Yet, they can hardly do anything about the flourishing offshore financial industry. To do so would go against the grain of the national economies of giants like the USA, where some states are “onshore” havens. Meanwhile, the global public is complicit in this normalisation because, honestly, it is complicated to think about taxes and tax havens, right?
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Ljubljana, May 11 – June 29, 2020
Organised and produced by:
Aksioma – Institute for Contemporary Art, Ljubljana
For the series:
Tactics & Practice
In the frame of:
konS – Platform for Contemporary Investigative Art
In collaboration with:
Kino Šiška – Centre for Urban Culture
Institute of Network Cultures
The project konS – Platform for Contemporary Investigative Art was chosen on the public call for the selection of the operations “Network of Investigative Art and Culture Centres”. The investment is co-financed by the Republic of Slovenia and by the European Regional Development Fund of the European Union.