Countries around the world are struggling amidst a global economic crisis and governments are looking to increase revenues from any possible source. Generally, the first such source is an increase in taxes; however, in this economy, a general tax increase would undoubtedly not be well received. Therefore, governments are looking elsewhere and appear to have settled, at least for the moment, on what they believe to be tax revenues lost due to "tax havens". Published in the Ontario Bar Association's Taxation Law Newsletter (Volume 19, No. 3, July 2009).