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do not leak...

October 11, 2021 - 10:25 -- Admin

pandorapandora

The revelations in the ICIJ’s 2016 Panama Papers’ data dump shone a light on tax crimes taking place via offshore tax havens – many of which, such as Panama itself, have since tightened rules, including joining international tax transparency efforts.

The 2017 Paradise Papers in turn tended to focus more on companies’ creative tax avoidance – which the OECD is now seeking to address via a global agreement on a minimum corporate tax rate.

The Pandora Papers reveal current rules provide wealthy individuals with mechanisms to purchase property or hide their wealth that aren’t available to other folks.

— Daniel Bunn of US-based think tank Tax Foundation, on how the Pandora Papers differ from previous leaks

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