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The lesson of the Panama papers
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This Economist magazine editorial says two actions need to be taken after the Panama Papers scandal. Registers showing real beneficiaries not just "nominees" used to obscure the real owners, should be made for people using these tax havens. The second action is to make it a criminal offense to enable tax evasion. If banks are being policed for money laundering, why should these tax haven law firms and other firms not also be policed for money laundering or tax evasion activities, asks the Economist.
Proposed actions to control the use of tax havens for tax evasion and money laundering following the Panama Papers Scandal in 2016
04/09/2016
Grouped Articles
The lesson of the Panama papers
Economist 04/09/2016
The furore from the Panama papers will only grow bigger
Economist 04/09/2016
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