# Prof. Aswath Damodaran is interviewed about tax havens

1 Faculty News August 2, 2013 ![BBC Capital logo](/sites/default/files/styles/246w/public/assets/images/con_042627.jpg?itok=FVqJkPfR)>

Excerpt from [BBC Capital](http://www.bbc.com/capital/story/20130801-tax-haven-tango) -- "Tax-haven status can be a real boon for countries without natural resources, a large industrial base or significant tourist income. If a company has a large office in a tax haven, there can be a big benefit for the local community, from jobs to better infrastructure that’s built to support the needs of multinationals, said [Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran)."

[Read more](http://www.bbc.com/capital/story/20130801-tax-haven-tango)