Ugland House

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Ugland House is an office building in George Town in the Cayman Islands , part of the British overseas territory . It's located on South Church Street. The Cayman Islands are considered a tax haven .

On paper, the building is the legal headquarters of over 18,000 legal entities . It has been linked to tax evasion in numerous countries. Because of its many mailbox companies , Barack Obama called the Ugland House either the largest building in the world or the largest tax fraud in the world.

See also

Web links

Individual evidence

  1. "Either the biggest building in the world or the biggest tax scam in the world." http://news.bbc.co.uk/2/hi/americas/7972695.stm ; http://www.nytimes.com/2009/10/04/business/global/04cayman.html

Coordinates: 19 ° 17 ′ 31.4 ″  N , 81 ° 23 ′ 7.5 ″  W.