Saturday May 30, 2020

After the offshore bombshell, what next?

Politicians need to make their move on tax havens without delay

10th April, 2016
Mossack Fonseca admitted that 95 per cent of its clients wish to avoid tax Pic: Getty

Aweek after the so-called Panama papers came to the world’s attention, there is a fair question to ask: will they really change anything?

Of course, at some superficial levels, they already have. If you were prime minister of Iceland, then the consequences have been significant. For some in China, they may be uncomfortable. The Teflon image of David Cameron has been harmed. But these are matters of the moment, except to those personally...

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