On November 5, 2017, the International Consortium of Investigative Journalists (I.C.I.J.) and 96 media partners revealed the “Paradise Papers”. The investigation, conducted for a year, focuses on the very sophisticated methods of tax evasion that some law firms offer to their wealthy clients. Of the 13.5 million documents analyzed, 6.8 million concern the international law firm Appleby (based in Bermuda).
Important figures from the political, artistic and sporting world, as well as recognized companies (Apple, Google, Nike, Whirlpool, etc.) are mentioned for their tax optimization practices, which cost the States 350 billion euros per year.
The “Paradise Papers” also point to the role that tax havens play through their too flexible tax and legal policies: even if they have been forced to end bank secrecy, this investigation shows that when it comes to transparency there is still a long way to go.
To see our previous weekly editorials on international news, take a look here!
When Money Flies to Tax Havens… - Paresh (Inde / India), Khaleej Times
« Paradis perdu » « Paradis fiscal »
When Money Flies to Tax Havens… - Antonio Rodríguez (Mexique / Mexico)
When Money Flies to Tax Havens… - Rousso (France)
« Intolerable! » « … As soon as you have a little money, you are immediately suspected of tax evasion » « ... Enough is enough! »
When Money Flies to Tax Havens… - Molina (Nicaragua)
When Money Flies to Tax Havens… - Stephff (Thailande / Thailand), The Nation
When Money Flies to Tax Havens… - Maarten Wolterink (Pays-Bas / Netherlands), Cartoon Movement
« Les icebergs du paradis hollandais… » « Un très grand merci » !
When Money Flies to Tax Havens… - Rayma (Venezuela), Caglecartoons.com
When Money Flies to Tax Havens… - Joep Bertrams (Pays-Bas / The Netherlands)
« Autorité fiscale »
When Money Flies to Tax Havens… - Semih Poroy (Turquie / Turkey), Cumhuriyet
« Transport off shore »
When Money Flies to Tax Havens… - Côté (Canada), Le Soleil
« Did you know that there are legal ways to steal money? » « If you're interested, here is my business card ! ».