Panama Papers
Top 50 US firms stashing $1.3trn offshore, says Oxfam
The 50 biggest US corporations have more than a trillion dollars hidden offshore, according to a new report published by Oxfam on Thursday.
Latin America | 13 Apr 16
Panama organised crime unit raids Mossack Fonseca HQ
The headquarters of Mossack Fonseca, the law firm at the centre of the biggest financial data leak in history, were raided by police in Panama on Tuesday, the attorney general’s office has revealed.
Tax & Regulation | 11 Apr 16
UK PM unveils new tax evasion law, defends £200k PET
The British prime minister David Cameron has announced a new law which makes companies criminally liable for employees who aid tax evasion as he defended his own tax affairs from mounting criticism following the ‘Panama Papers’ leak.
Tax & Regulation | 11 Apr 16
UK launches taskforce to tackle Panama Papers
HM Revenue & Customs and the UK’s National Crime Agency will work with investigators, compliance specialists, the Serious Fraud Office and the Financial Conduct Authority (FCA) to deal with the fallout of the Panama Papers.
Tax & Regulation | 11 Apr 16
IoM shares beneficial ownership data with the UK
The Isle of Man is to set up a central database of beneficial ownership information that it will share with law enforcement agencies in the UK.