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How to lift the lid on those Pandora’s boxes of offshore cash

The Australian government needs to honour its commitment to a transparent trail of ownership for money hidden away in tropical trust accounts.

Miranda Stewart and Katy Barnett

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The leak of the Pandora Papers and the involvement of Asiaciti, a firm run by an Australian accountant last week has highlighted the secrecy of trusts and companies in offshore tax havens. Some were surprised, others not, by the news that many high-profile political and business figures hold assets through layers of offshore entities.

There should be a Samoan sunset for hidden funds.  Not for syndication

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    Original URL: https://www.afr.com/policy/economy/how-to-lift-the-lid-on-those-pandora-s-boxes-of-offshore-cash-20211011-p58z3s