Tax authorities in Denmark buy ‘Panama Papers’ evidence

Denmark’s tax administration said Thursday it had paid an anonymous source for data from the “Panama Papers,” the 11.5 million leaked documents from Panamanian law firm and corporate service provider Mossack Fonseca, some dating back to the 1970s. The papers detailed financial and attorney-client information for more than 214,488 offshore entities.  

The Danish authority had exchanged encrypted messages before establishing that the data had a quality “on a  par” with previous samples,” according to tax authority chief Jim Soerensen. He said the administration would now “go deeper” to see whether people identified in the documents should be investigated for tax dodging. “This will bring us closer to whether there is reason to press charges,” he said.

Soerensen declined to name the source or the source’s foreign location, but said 631,000 euros was paid in the recent transaction, plus 161,000 euros in taxes.

The papers were originally leaked to a German newspaper which then shared the data with a global

... read more at: