Wednesday 24 January 2018
Contact US    |    Archive
9 months ago

Panama Papers law firm boss sees tax shelter boom in US

PANAMA CITY: The co-founder of the law firm at the centre of the Panama Papers scandal says the fallout has set off a thriving boom in the creation of tax shelters in the United States.

Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained Thursday by AFP that after the Panama Papers leak a year ago, the number of new tax shelters created has fallen by 30% in Panama and elsewhere.

However, jurisdictions such as Delaware, Nevada and others located in the United States, where virtually no due diligence is required ... incorporations are thriving! Mossack said.

Whilst Panama tries hard to be whiter than white, others are profiting, he wrote.

The Panama Papers, published a year ago in a leak of more than 11 million documents belonging to Mossack Fonseca, spurred fresh government action against the secretive world of tax fraud and evasion.

Before the scandal exposed the glob

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.

KL shares higher at opening

- themalaymailonline

Panik Gempa 6.0 Di Jakarta

- malaysiandigest

Bersukan pun kena ada ilmu

- freemalaysiatoday

Racism isn’t patriotism

- malaymailonline
Hashtags:   

Panama

 | 

Papers

 | 

law

 | 

firm

 | 

boss

 | 

sees

 | 

tax

 | 

shelter

 | 

boom

 | 
Most Popular (6 hours)

Racism isn’t patriotism

- malaymailonline

Bersukan pun kena ada ilmu

- freemalaysiatoday

Most Popular (24 hours)

Most Popular (a week)

Categories - Countries
All News
Malaysia