Category: Panama Papers

Big Four the winners as cosy journalist clique conceals mountain of tax haven data – Michael West

Big Four the winners as cosy journalist clique conceals mountain of tax haven data

If the data were to be publicly available, a world-wide army of data-boffins would trawl through it. Enormous tax avoidance would be unearthed. It would shed light on on the key perpetrators of multinational tax avoidance such as large law firms and the Big Four global accounting firms: EY, Deloitte, PwC and KPMG. Yet these four players, perhaps the most powerful institutions in the world, remain protected from serious scrutiny.

A simple search of the ICIJ’s public interface shows PwC is connected to just six offshore entities in the database, and KPMG 34, whereas an Edward B Turner – to select just one unknown minnow – is connected to 70 entities.

via Big Four the winners as cosy journalist clique conceals mountain of tax haven data – Michael West

Day to Day Politics: The average punter wouldn’t know. – » The Australian Independent Media Network

Day to Day Politics: The average punter wouldn’t know. Friday 13 May So much happens ‘day to day’ in an election campaign. How much of it gets through to the average punter? How much permeates their minds and leaves such an indelible impression that it affects the way they vote? Take this week, for example.…

Source: Day to Day Politics: The average punter wouldn’t know. – » The Australian Independent Media Network

#PanamaPapers scandal applies a blowtorch to the murky workings of capitalism

The Panama Papers have shown us just how the murky world of capitalism works and why we need to get rid of it, writes former ATO assistant commissioner John Passant.

Source: #PanamaPapers scandal applies a blowtorch to the murky workings of capitalism

The fallout from Panama Papers revelations so far, country by country | News | The Guardian

Russia claimed ‘Putinphobia’ was afoot, but Iceland’s PM was less cool under pressure – and David Cameron is still feeling the heat

Source: The fallout from Panama Papers revelations so far, country by country | News | The Guardian

Lessons of the Panama Papers: Yes, the rich are different from us — they stole our money – Salon.com

A vast web of lies and corruption protecting the super-rich is revealed — and it’s only the tip of an evil iceberg

Source: Lessons of the Panama Papers: Yes, the rich are different from us — they stole our money – Salon.com

‘Who’s funding this?’ CIA & MI5 whistleblowers question credibility of Panama Papers coverage — RT Op-Edge

While neither Vladimir Putin nor any members of his family were mentioned in the Panama Papers leak, most Western media chose to break the story with the Russian president’s photo. Former US and UK intelligence officers told RT this is no coincidence.

Source: ‘Who’s funding this?’ CIA & MI5 whistleblowers question credibility of Panama Papers coverage — RT Op-Edge

Panama papers: neither major Australian party will outlaw shell companies | News | The Guardian

Neither Liberals nor Labor plan to act, despite 800 Australians being on files of Mossack Fonseca and contrary to pledges at Brisbane G20 meeting in 2014

Source: Panama papers: neither major Australian party will outlaw shell companies | News | The Guardian

Panama Papers: David Cameron admits he has benefited from father’s offshore fund – ABC News (Australian Broadcasting Corporation)

British Prime Minister David Cameron says he held a stake in an offshore fund set up by his father.

Source: Panama Papers: David Cameron admits he has benefited from father’s offshore fund – ABC News (Australian Broadcasting Corporation)

One Day After the Panama Papers were Leaked, IRS Headquarters Closes then Catches Fire – The Free Thought Project

The building was closed and workers sent home approximately 45 minutes before flames engulfed the basement.

Source: One Day After the Panama Papers were Leaked, IRS Headquarters Closes then Catches Fire – The Free Thought Project

Why the Panama papers matter | The Monthly

 

The problem with the internet is that it’s really easy to be across a spectacular variety of things. This can be a little overwhelming. One of the things I’d been resisting getting across for the past few days was the Panama papers. Now I’ve caught up on my reading, and I’m going to try to very quickly explain, for those of you who haven’t caught up too, why they matter. In brief, this is an absolutely stunningly huge leak of documents from a single law firm, founded in Panama, called Mossack Fonseca.

Source: Why the Panama papers matter | The Monthly

Panama Papers: Iceland Prime Minister Sigmundur Gunnlaugsson offers his resignation

Gunnlaugsson would be the first casualty of the “Panama Papers” a leaked collection of documents revealing the financial arrangements of politicians and public figures from around the world.

Source: Panama Papers: Iceland Prime Minister Sigmundur Gunnlaugsson offers his resignation