Fergus Shiel: Pandora Papers reveal a global system rigged in favour of the few
The widest ever leak of tax haven data has revealed the secret offshore holdings of 35 world leaders, some 330 politicians and high-level officials, and more than 130 billionaires
When Gerard Ryle, the director of the International Consortium of Investigative Journalists (ICIJ), obtained the Pandora Papers, our journalists knew we were onto something. Little did we know how enormous that something would turn out to be.
In the days since the Pandora Papers investigation was published, it has put several international leaders, from Chile to Malaysia and Kenya under intense scrutiny. In addition, there have been vows of action from India, Spain, Pakistan, Ireland,...
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Accountancy and legal firms warned Donohoe about corporate tax reform
Accountants said FDI will be negatively affected by new global rules while lawyers said they could be unconstitutional
‘Offsetting measures’ needed to make up shortfall from shift away from 12.5% corporate tax rate
Ratings agency has warned of potential negative consequences of joining up to global tax overhaul
Tom Maguire: Multinationals must face brave new world ushered in by EU tax reform
It’s only a matter of time before member states bring in measures including a law change for reverse hybrid mismatches and public reporting for non-EU corporations
The last stand: how Ireland finally conceded its long-cherished 12.5 per cent tax rate
After years of resisting the global tax changes, Paschal Donohoe says the decision is in the country’s best interests and provides ‘certainty and stability’