Elite Tax Haven Details Leaked

Author
Discussion

rab.s

Original Poster:

83 posts

186 months

Sunday 3rd April 2016
quotequote all
The client details of Panamanian law firm Mossak Fonesca have been leaked.

Reported on bbc news. http://www.bbc.co.uk/news/world-35918844

This puts a lot of world leaders in an awkward position, explaining their offshoring arrangements.

tleefox

1,110 posts

148 months

Sunday 3rd April 2016
quotequote all
rab.s said:
This puts a lot of world leaders in an awkward position, explaining their offshoring arrangements.
Be interesting to read in more detail, but from what the BBC article says I'd be expecting the Icelandic PM to be exiting stage left fairly sharpish.

raftom

1,197 posts

261 months

benjj

6,787 posts

163 months

Sunday 3rd April 2016
quotequote all
Putin looks like the biggest name in these. Going to be fun smile

Funk

26,274 posts

209 months

Sunday 3rd April 2016
quotequote all
I don't think there's a person in the world who didn't suspect that this sort of thing was going on. Will be fascinating to see how the leak happened, 2Tb+ is a phenomenal amount of data!

Orchid1

878 posts

108 months

Sunday 3rd April 2016
quotequote all
I bet there's a few PH members stting themselves as well biggrin

Some Gump

12,689 posts

186 months

Sunday 3rd April 2016
quotequote all
By guess is whoever did the leaking will be full of polonium within a month...

raftom

1,197 posts

261 months

Sunday 3rd April 2016
quotequote all


biggrin

Escapegoat

5,135 posts

135 months

Sunday 3rd April 2016
quotequote all
Look, the only reason these shell companies and tax havens are necessary is because socialists keep stealing the profits earned by honest and kindly entrepreneurs.

If we didn't tax the fruits of their hard work as much as we do, we'd all have jobs building yachts and gold-plated back-scratchers for them and there'd be no unemployment. As it is, they have to keep their money in tax havens where it doesn't do anyone any good.

Or something.

rab.s

Original Poster:

83 posts

186 months

Sunday 3rd April 2016
quotequote all
Reading the original Süddeutsche Zeitung article here. http://panamapapers.sueddeutsche.de/articles/56feb...

It took 12 months and the cooperation of 400 journalists across 100 media outlets in 80 countries, in order to digest and analyse the data. All coordinated in a simultaneous release of story this evening. That is some spectacular coordination. There would be a heck of a lot of polonium teapots required in order to silence this story.

jmorgan

36,010 posts

284 months

Sunday 3rd April 2016
quotequote all
Can't see Putin being too worried.

texaxile

3,290 posts

150 months

Sunday 3rd April 2016
quotequote all
jmorgan said:
Can't see Putin being too worried.
He's probably eating a chinese as we speak...

hornet

6,333 posts

250 months

Sunday 3rd April 2016
quotequote all
Social media reporting Icelandic PM has resigned, although no links as yet.

Murph7355

37,713 posts

256 months

Sunday 3rd April 2016
quotequote all
Escapegoat said:
Look, the only reason these shell companies and tax havens are necessary is because socialists keep stealing the profits earned by honest and kindly entrepreneurs.

If we didn't tax the fruits of their hard work as much as we do, we'd all have jobs building yachts and gold-plated back-scratchers for them and there'd be no unemployment. As it is, they have to keep their money in tax havens where it doesn't do anyone any good.

Or something.
Tax avoidance is one thing...world leaders squirrelling money away furtively is something else...as long as the releases concentrate on tax evasion and/or impropriety then it's fair game IMO.

Putin won't care mind.

Countdown

39,883 posts

196 months

Sunday 3rd April 2016
quotequote all
Escapegoat said:
Look, the only reason these shell companies and tax havens are necessary is because socialists keep stealing the profits earned by honest and kindly entrepreneurs.

If we didn't tax the fruits of their hard work as much as we do, we'd all have jobs building yachts and gold-plated back-scratchers for them and there'd be no unemployment. As it is, they have to keep their money in tax havens where it doesn't do anyone any good.

Or something.
biggrinbiggrinbiggrin

timlongs

1,728 posts

179 months

Sunday 3rd April 2016
quotequote all
David Cameron's Dad was part of it, as was ex Tory MP Michael Mates.

https://panamapapers.icij.org/the_power_players/

Getragdogleg

8,766 posts

183 months

Sunday 3rd April 2016
quotequote all
Blair ?

(please please please)

timlongs

1,728 posts

179 months

Sunday 3rd April 2016
quotequote all
Getragdogleg said:
Blair ?

(please please please)
Doesn't seem to be part of it

55palfers

5,909 posts

164 months

Sunday 3rd April 2016
quotequote all
I love this sort of stuff.

Tax is for the little people, don't do as I do, do as I say.

Moonhawk

10,730 posts

219 months

Sunday 3rd April 2016
quotequote all
timlongs said:
Getragdogleg said:
Blair ?

(please please please)
Doesn't seem to be part of it
Must use a different firm to handle his tax haven cash biggrin