SMRs and AMRs

Sunday, June 16, 2013

Who's avoiding taxes by sending money offshore? Find out here …

Offshore Tax Havens Database Is Made Available to the Public

The Huffington Post | By Alexander Eichler Posted: 06/15/2013 12:09 pm EDT

Are you interested in helping to track corporate cash as it travels around the globe?

On Friday, the International Consortium of Investigative Journalists made public a massive database, containing the names of tens of thousands of people and companies that have used offshore accounts to shelter their assets.

Drawing on a cache of 2.5 million leaked documents, the ICIJ has identified people and organizations in more than 30 countries using "tax havens" -- nations that impose few or no taxes on foreign assets held there. Offshore accounts are often used as a way of sidestepping tax laws in the investor's home country.

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