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Panama Papers redux might show how firms skirt taxes

Reporters working with the ICIJ are reviewing the millions of pages of documents that reveal strategies used to hide assets and avoid taxes

Alan Katz | Bloomberg 

A year after the Panama Papers, a new set of data taken from another offshore law firm could expose the hidden wealth of individuals and show how corporations, hedge funds and others may have skirted taxes. The revelations were to be published beginning Sunday, just as US lawmakers are poised to debate a tax reform plan that calls for slashing the corporate rate. It also comes at a delicate time in the UK, where Theresa May’s government is engulfed in a sexual harassment scandal and consumed by Brexit negotiations. The news comes out of an investigation led by the ...

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First Published: Mon, November 06 2017. 01:38 IST