PARADISE PAPERS WILL DECREASE ATTRACTIVENESS OF OFFSHORE ACCOUNTS, CLAIM EXPERTS

THE RECENT Paradise Papers scandal should lead to more regulation of the offshore sector and corporate secrecy, experts have told Commercial Crime International. This should make tax evasion harder, even if many of the embarrassing revelations in the leak were technically legal. Liz Newmark reports.   THIS month’s ‘Paradise Papers’ – the third major release of data highlighting tax-dodging scandals, after the ‘Panama Papers’ in April 2016 and ‘LuxLeaks’ in April 2014, will just pile on the pressure for governments to pass tax transparency ...


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