The trove of leaked financial documents known as the Pandora Papers is the latest in a decade-long series of revelations illustrating how the world’s ultra-rich and powerful shield their fortunes from prying eyes, high taxes and law enforcement.
The trove of leaked financial documents known as the Pandora Papers is the latest in a decade-long series of revelations illustrating how the world’s ultra-rich and powerful shield their fortunes from prying eyes, high taxes and law enforcement.
Using avenues not available to most people, they park money in trusts, shell companies and holding companies established in jurisdictions that typically offer low taxes and a high level of anonymity.
Using avenues not available to most people, they park money in trusts, shell companies and holding companies established in jurisdictions that typically offer low taxes and a high level of anonymity.