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Tax Avoidance Is A Booming Industry

The so-called Paradise Papers may sound familiar – leaked documents from a law firm that specialises in offshore services reveal how the global elite avoids paying taxes. Even the name has the same ring to it as last year’s Panama Papers expose. But the...

These five countries are conduits for the world’s biggest tax havens

First came the Panama Papers, then the BahamasLeaks. Journalists continue to shed light on and raise a public outcry over the offshore financial centres that corporations use to reduce their tax bill – something that is still being challenged in court. A new study has...

Panama Rejects Being Scapegoat for Corruption Scandal

(Prensa Latina) "We are not going to allow Panama to be made a scapegoat by third parties", the Minister of the Presidency, Alvaro German, said today, referring to the Panama Papers scandal. At a press conference, he was questioned about rumors of a conspiracy against...

Deduction of Expenses in “Tax Havens”

QCOSTARICA - In Costa Rica a bill intends to discourage the use of "tax havens", controlling the legitimacy of the costs incurred in those territories. At present the bill under discussion in the Committee on Financial Affairs, is expected to publicize a final report in...

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