Tax Evasion

“The Panama Papers as leaked out in the media are essentially stolen papers from a legal firm that operate across 22 countries,” said Maria Luisa Navarro. (Reuters) Panama is not a tax haven and the government is willing to co-operate with India and provide information that New Delhi would ask for, visiting Panamanian Vice-Minister for […]

The sensational leak of the Panama Papers has created significant international controversy with names of both the wealthy and famous being linked to entities established in tax havens—jurisdictions known for preferential tax regimes. As expected (or intended), the leak has initiated a wide range of regulatory investigations that are now underway across much of the […]

The campaign against tax havens is not only misguided, but also dangerous. (ICIJ) The Panama Papers leak, which detailed the dealings of numerous politicians, businessmen, and other high-ranking officials in offshore banking regimes has caused a worldwide media firestorm. Calls by institutions such as the Organisation for Economic Co-operation and Development (OECD) for closing tax […]

Tweet Email Tweet Email U.S. Sen. Ron Wyden, D-Ore., wants answers from Nevada and Wyoming officials about shell companies in their states that were named in the Panama Papers release. Tom Williams/CQ Roll Call/Getty Images Last month the International Consortium of Investigative Journalists, or ICIJ, released the Panama Papers,… read more at:

The question is not whether Kiwi offshore trusts were used for illicit activities, Ron Pol says. Within days of a limited release of some of the so-called ‘Panama Papers’, some journalists have already labelled it a “flop”, cleaving to a new narrative that there’s no evidence of Kiwis avoiding tax. This demonstrates a fundamental misunderstanding of […]

OTTAWA — Public Safety Canada is taking a lead role in global talks to expand the country’s efforts to address concerns over illegal offshore tax schemes. Ralph Goodale, the federal minister responsible for the Public Safety department, is representing Canada at an international anti-corruption summit Thursday in London — a gathering that would often include other […]

Actress Emma Watson Tuesday denied tax evasion after she was named in the latest Panama Papers offshore data leaks. The “Harry Potter” star is reported to have used an offshore company to buy a property worth $40 million in London. Watson’s account was revealed after data collated by the International Consortium of Investigative Journalists (ICIJ) was published online […]

British actor Emma Watson has become caught up in the Panama Papers scandal. Picture: Nicholas Kamm/AFP HARRY Potter star Emma Watson has been named in the Panama Papers scandal. The UK’s Spectator magazine discovered Watson’s name in the newly released searchable database of more than 200,000 offshore companies published yesterday. According to the leaks from […]

A car passes by outside the Arango Orillac Building at which Mossack Fonseca law firm office is located, in Panama City. – Reuters A group of journalists released online on Tuesday Japan time further information on leaked documents dubbed the “Panama Papers,” which rocked the world by implicating key politicians and business leaders in massive […]

The federal government won’t say exactly how it got its hands on the Panama Papers, but investigators are already scouring the leaked files for tax dodging, and criminal charges will eventually be laid if at all possible, Revenue Minister Diane Lebouthillier says. The minister confirmed Monday following question period in the House of Commons that […]