Must read primer: Panama Papers: How assets are hidden and taxes dodged

[Renew Deal]

This article is outstanding because it is a dummies guide to the Panama Papers. It defines many of the terms and makes the release easier to comprehend.

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The revelations in the millions of papers leaked from the Panamanian law firm Mossack Fonseca uncovering a suspected money laundering ring run by close associates of Vladimir Putin may leave readers drowning in a sea of confusing terms and phrases.

Although there are legitimate ways of using tax havens, most of what has been going on is about hiding the true owners of money, the origin of the money and avoiding paying tax on the money.
If you are a wealthy business owner in Germany who has decided to evade tax, an international drugs dealer or the head of a brutal regime, the methods are all pretty similar.

Mossack Fonseca says it has always complied with international protocols to ensure the companies it incorporates are not used for tax evasion, money-laundering, terrorist finance or other illicit purposes.
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http://www.bbc.com/news/business-35943740

[Ichingcarpenter]

1. Fusion is a much better read and more comprehensive.

and even gives the Waffen SS, CIA connection

http://interactive.fusion.net/dirty-little-secrets/

[Renew Deal]

2. Thanks

[procon]

3. interesting.