Report Likens Tax Havens To Disease That Must Be Quarantined
The report on the Panama Papers was written by Nobel Prize-winning economist Joseph Stiglitz and Swiss anti-corruption expert Mark Pieth.
Computer Technician Arrested For Data Theft
Authorities in Geneva made the arrest following a complaint by law firm Mossack Fonseca, which is at the center of a massive data leak.
Australian PM Named In Leaked Documents
Malcolm Turnbull, a former investment banker and technology entrepreneur, is campaigning ahead of a general election on July 2.
Actress Emma Watson Denies Tax Evasion
The “Harry Potter” star was named in the latest data leak that revealed she is a beneficiary of a company based in the British Virgin Islands.
Loophole Seen In US Rule On Shell Companies
The new Customer Due Diligence rule lets financial institutions list a figurehead as a shell company's "beneficial" or true owner, critics say.
The Motives Behind Massive Data Leak
“Obvious wrongdoing” by governments and tax-dodging corporations inspired the release of the Panama Papers, wrote a person claiming to be their leaker.
US Wants Banks To ID Shell Company Owners
The Customer Due Diligence rule, and proposed legislation, are meant to combat money laundering, finance terror and other offenses.
Canada’s RBC To Release Panama Papers Data
Royal Bank of Canada's files are said to include names of clients with “relationships or connections” to Panamanian law firm Mossack Fonseca.
Leaked Documents Will Soon Be On Searchable Site
Good news for those wanting access to data on offshore accounts of wealthy companies and individuals: It’s in the works for May 9.
EU Ministers Wary Of Proposed Tax Rules
Finance chiefs are caught between public calls for greater transparency and company concerns that fully disclosed data will be misinterpreted.
Panama Conducts Raid On Law Firm’s Property
Bags full of shredded documents were seized Friday from the offices of Mossack Fonseca, epicenter of a massive data leak.
Journalists Say They Won’t Share Leaked Documents
The group that acquired the Panama Papers, which it says detail examples of tax avoidance, has declined to cooperate with U.S. authorities.
US Plans Rules Aimed At Tax-Evading Shell Companies
The rule would require banks to identify if any of the beneficial owners of their new customers are companies, Treasury head Jack Lew said.
5 EU Nations Agree To Pool Information On Offshore Entities
Under the deal announced Thursday, tax authorities in the U.K., Spain, Italy, France and Germany will share data on owners of offshore companies.
Spain’s Industry Minister Quits Over Leaks
José Manuel Soria resigned Friday after being linked to an offshore account in the Bahamas.
Energy Sector Is The Prize In Iraqi Intrigue
Will a recent Cabinet reshuffle — as the military is still battling for territory taken by ISIS — improve the chaotic nature of the country’s contested oil and gas sectors?
No Evidence Found Against Law Firm, Prosecutor Says
Panamanian officials seized various digital files in a recent 27-hour raid at Mossack Fonseca’s offices.
EU To Crack Down On Tax Havens
If the proposal — to be unveiled Tuesday by the European Union — is approved, it will force companies to provide a country-by-country breakdown of profits and taxes.
Investigators Visit Mossack Fonseca’s Office Over Hacking Allegations
The Panamanian law firm called itself a victim of a campaign against privacy after the leak of over 11.5 million documents exposed several offshore accounts of notable individuals and companies.
US Firms Shifted $500B To Offshore Tax Havens In 2012
In some small countries, the profits reported by American corporations are larger than the entire gross domestic product.