Isle of Man chief minister defends tax treatment
After bearing the brunt of media scrutiny over the Paradise Papers, Isle of Man chief minister Howard Quayle has said an internal review “found no evidence of wrongdoing”.
Paradise Papers
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What is the problem with offshore investments?
Another day, another major leak of sensitive data that reveals even the British Queen has her fingers in some offshore-pies. But with everything legal and above board, are we at risk of sensationalising something that is pretty average?
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Financial centres slam Paradise Papers backlash
The UK’s crown dependencies and overseas territories have hit back at international media scrutiny and allegations that they facilitate tax avoidance and evasion following the leak of the Paradise Papers.
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Prosecutions unlikely following Paradise Papers leak
Recent legislative changes to prevent the facilitation of tax evasion are not retroactive, so it is unlikely that there will be any prosecutions in the UK arising from the cyber attack on Bermuda-headquartered law firm Appleby, a partner at law firm Corker Binning has said.
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Offshore takes another hit with Paradise Papers leak
For the second time in 18 months, millions of documents have been illegally released from a law firm, shining a harsh spotlight on the use of offshore trusts and finance centres.