How can rich democrats keep claiming they are going to force the rich to pay more in taxes, knowing that if the taxman gains access to their wealth they will suffer substantial losses as well? It is because rich democrats know how to hide their money from the taxman, as this bombshell revelation shows.
www.theguardian.com
The Pandora papers reveal the inner workings of what is a shadow financial world, providing a rare window into the hidden operations of a global offshore economy. Illustration: Guardian Design
Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials
Guardian investigations team
Sun 3 Oct 2021 12.30 EDT
The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore data in history.
Branded the Pandora papers, the cache includes 11.9m files from companies hired by wealthy clients to create offshore structures and trusts in tax havens such as Panama, Dubai, Monaco, Switzerland and the Cayman Islands.
They expose the secret offshore affairs of 35 world leaders, including current and former presidents, prime ministers and heads of state. They also shine a light on the secret finances of more than 300 other public officials such as government ministers, judges, mayors and military generals in more than 90 countries.
The Pandora papers reveal the inner workings of what is a shadow financial world, providing a rare window into the hidden operations of a global offshore economy that enables some of the world’s richest people to hide their wealth and in some cases pay little or no tax.
Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful
Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials
www.theguardian.com
Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful
The Pandora papers reveal the inner workings of what is a shadow financial world, providing a rare window into the hidden operations of a global offshore economy. Illustration: Guardian Design
Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials
Guardian investigations team
Sun 3 Oct 2021 12.30 EDT
The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore data in history.
Branded the Pandora papers, the cache includes 11.9m files from companies hired by wealthy clients to create offshore structures and trusts in tax havens such as Panama, Dubai, Monaco, Switzerland and the Cayman Islands.
They expose the secret offshore affairs of 35 world leaders, including current and former presidents, prime ministers and heads of state. They also shine a light on the secret finances of more than 300 other public officials such as government ministers, judges, mayors and military generals in more than 90 countries.
The Pandora papers reveal the inner workings of what is a shadow financial world, providing a rare window into the hidden operations of a global offshore economy that enables some of the world’s richest people to hide their wealth and in some cases pay little or no tax.