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3Novices:Panama Papers triggered boom in US tax-shelter business, says Mossack Fonseca boss

The co-founder of the law firm at the centre of the Panama Papers scandal says the fallout has set off a “thriving” boom in the creation of tax shelters in the United States.
Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained Thursday that after the Panama Papers leak a year ago, the number of new tax shelters created has fallen by 30 per cent in Panama and elsewhere.
“However, jurisdictions such as…
April 21, 2017 at 10:48AM http://ift.tt/2pJpm7v
#3Novices #News #OnlineMedia #China 3Novices China

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