‘Paradise Papers’ reveal how the wealthy and even the politicians are still hiding their money from the taxman

A huge leak of financial documents revealed by a group of about 100 media organizations on Sunday, provided deep insights into some of the mechanisms used by top politicians or celebrities to escape paying taxes. Offshore funds are often used to escape high taxes and their use is not necessarily illegal, though when they are being used by the […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/11/06/paradise-papers-reveal-how-the-wealthy-and-even-the-politicians-are-still-hiding-their-wealth-from-the-taxman/