“I’m concerned that the government’s response has been quite slow in a number of areas,” Anneliese Dodds, UK shadow minister for the treasury, told International Tax Review while discussing the Paradise Papers.
It’s now more than a year since German newspaper Süddeutsche Zeitung obtained 13.4 million leaked files from two leading offshore service providers Appleby and Asiaciti. The leak included information from 19 company registers in major tax havens.
“It’s positive that we have a companies register, but we still don’t have the sufficient due diligence on the information being passed to the register,” she said in response to questions on whether the leaks have introduced enough change to counter tax avoidance.
“We’ve also only just had a consultation on different partnership structures, such as Scottish limited partnerships, which have been used to disguise ownership,” she said. “There is a lot of evidence of these structures being used in this way, so the