The Paradise Papers is a global investigation into the offshore activities of some of the world’s most powerful people and companies. The study:
- Reveals offshore interests and activities of more than 120 politicians and world leaders, including Queen Elizabeth II, and 13 advisers, major donors and members of U.S. President Donald J. Trump’s administration;
- Exposes the tax engineering of more than 100 multinational corporations, including Apple, Nike and Botox-maker Allergan;
- Reveals tax haven shopping sprees by multinational companies in Africa and Asia that use shell companies in Mauritius and Singapore to reduce taxes;
- Shines a light on secretive deals and hidden companies connected to Glencore, the world’s largest commodity trader, and provides detailed accounts of the company’s negotiations in the Democratic Republic of the Congo for valuable mineral resources; and
- Provides details of how owners of jets and yachts, including royalty and sports stars, used Isle of Man tax-avoidance structures.
Read the whole story in the International Consortium of Investigative Journalists website: Paradise Papers: Secrets of the Global Elite – ICIJ
For much more information about the Paradise Papers, visit Digg.