The AFR View
Pandora’s tax haven reputational pitfalls
The Pandora Papers leak shows why wealthy individuals who use offshore structures should push to shut down the havens exploited by criminals and tax dodgers.
The largest leak in history of offshore company and banking details has exposed the reputational pitfalls that wealthy individuals run into even when their connections to the questionable world of global tax havens are legal and legitimate.
Weighing in at 11.9 million documents and 2.94 terabytes of data, the Pandora Papers leak is bigger than both the Panama Papers and the Paradise Papers that first shone a spotlight on the use of global tax havens by international business and political figures.
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