Australia’s top court has rejected a move by one of the world’s most profitable companies to stop government officials from using leaked documents to assess its tax bill.
Australia’s High Court ruled unanimously on Wednesday that commodity giant Glencore could not rely on “legal privilege” to prevent the Australian Tax Office from accessing emails, bank records, PowerPoint presentations and other files from the 2017 Paradise Papers investigation. Typically, documents marked “privileged” do not have to be disclosed in court.
The International Consortium of Investigative Journalists, in collaboration with 95 media partners, published the Paradise Papers investigation in November 2017.
The investigation, based on 13.4 million leaked records, revealed the offshore activities of some of the world’s largest and most secretive companies and individuals, including Uber, Apple and Irish rock star Bono.
The investigation propelled Switzerland to open a criminal case against tax advisers KPMG and the former asset manager of Angola’s sovereign