Tax Havens Exposed – Paradise Papers
The Paradise Papers are the largest leak in history, with more than 13.4 million files revealing the workings of the tax haven industry. The leaks were obtained by the German newspaper ‘Suddeutsche Zeitung’ who shared the material with the International Consortium of Investigative Journalists – a US based organisation that coordinated the global collaboration.
The papers revealed both companies and individuals, including some of the world’s biggest multinationals – Apple, Nike and Facebook, as well as high profile wealthy individuals including the Queen and Bono. A total of 381 journalists from 67 countries have been analysing the material.
Associate Professor Roman Lanis from the School of Business at the University of Technology, Sydney joined us to discuss the ramifications.