April 2016

The German finance minister wants to prevent people in Germany who have money in offshore firms from being able to hide behind their banks in future, according to a document seen by Reuters. Wolfgang Schäuble is to present the 10-point plan to the heads of Germany’s federal and state tax departments on Thursday. He has […]

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Irish bookmaker Paddy Power released the odds for various world leaders to resign as a result of the Panama Papers in light of Iceland Prime Minister Sigmundur Gunnlaugsson’s decision to step down. USA TODAY … read more at: http://www.usatoday.com/story/news/world/2016/04/06/panama-papers-who-next-world-leader-resign/82692670/

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YELSK DISTRICT, 26 April (BelTA) – The publication of the Panama Papers, which revelation has led to corruption scandals in a number of countries, is like cracking a nut with a sledgehammer. Belarus President Alexander Lukashenko made the relevant statement while talking to mass media on 26 April, BelTA has learned. “It is only an […]

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Do the Panama Papers demonstrate the need for a global tax body? A number of tax advocates think so. Activists in Berlin demand legislative change in the wake of Panama Papers (Photo: Sean Gallup/Getty Images) The idea of a global tax organisation has periodically received a run by academics and others. A notable proponent in […]

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Prosecutor Martín Niklison has filed a lawsuit against President Mauricio Macri and Lanús Mayor Néstor Grindetti in a new chapter of the Panamá Papers scandal. They are accused of hiding offshore companies when they were both officials in the Buenos Aires city administration, news channel C5N reported this morning. Prosecutor Estela Andrades requested to unify […]

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In mid-April, economist Michael Hudson told The Real News Network that global oil and mining industries and the U.S. State Department created Panama and Liberia for the express purpose of tax evasion. Read a full transcript of Hudson’s exchange with host Sharmini Peries below. —Posted by Alexander Reed Kelly. SHARMINI PERIES, TRNN: It’s the Real […]

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JOHANNESBURG – Former President Thabo Mbeki says he doesn’t expect African governments to ignore revelations of profit shifting and tax avoidance in the so-called Panama Papers and thinks civil society should make sure African citizens mentioned in the leaks are held accountable. Mbeki today spoke about how the African Union plans to implement a plan to stop illicit […]

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