The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires.

The material, which has come from two offshore service providers and the company registries of 19 tax havens, was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists with partners including the Guardian, the BBC and the New York Times.

The project has been called the Paradise Papers. It reveals:

How Twitter and Facebook received hundreds of millions of dollars in investments that can be traced back to Russian state financial institutions.

Extensive offshore dealings by Donald Trump’s cabinet members, advisers and donors, including substantial payments from a firm co-owned by Vladimir Putin’s son-in-law to the shipping group of the US commerce secretary, Wilbur Ross.

Aggressive tax avoidance by multinational corporations, including Nike and Apple.

Paradise Papers leak reveals secrets of the world elite's hidden wealth | News | The Guardian

Originally Posted by Guest

The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires.

The material, which has come from two offshore service providers and the company registries of 19 tax havens, was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists with partners including the Guardian, the BBC and the New York Times.

The project has been called the Paradise Papers. It reveals:

How Twitter and Facebook received hundreds of millions of dollars in investments that can be traced back to Russian state financial institutions.

Extensive offshore dealings by Donald Trump’s cabinet members, advisers and donors, including substantial payments from a firm co-owned by Vladimir Putin’s son-in-law to the shipping group of the US commerce secretary, Wilbur Ross.

Aggressive tax avoidance by multinational corporations, including Nike and Apple.

Paradise Papers leak reveals secrets of the world elite's hidden wealth | News | The Guardian

I hope to see a lot more information about this.

Well duh! Of course they try to protect their wealth. Who wants to lose $ millions each year?