In recent years many countries in Oceania have developed tax havens. Using their sovereignty, the Pacific Islands countries have profited by providing offshore havens from Metropolitan taxation and regulation.
Tax Havens and the Sovereignty in the Pacific Islands is the exciting new book by Anthony Van Fossen. Published by UQ press: http://uqepress.com.au/browse/project/new-tax-havens-and-sovereignty-in-the-pacific-islands/
