Tax havens such as the Cayman Islands, Switzerland, the British Virgin Islands and Panama have a few key things in common.
Brazil is reeling from the political corruption scandal involving former President Luiz Inacio Lula da Silva (pictured on the fake bills) and members of the current government.
Reuters
The headlines are full of stories of corruption and mega scandals, but what does it mean for the rest of us? And what makes the economic cost of corruption so high?
Sigmundur Davíð Gunnlaugsson is refusing to resign.
Control Arms
Why we shouldn’t be so quick to celebrate reports that Facebook is paying more tax.
Not convinced: Labor Senator and tax avoidance inquiry committee Chair Sam Dastyari says corporate tax cheats should be named and shamed by the tax office.
Nikki Short/AAP
Behind the corporations legally avoiding paying tax are the big four accounting firms, helping them avoid transparency.
Treasurer Scott Morrison says the changes to foreign investment scrutiny will give the ATO greater powers to crack down on tax avoidance.
AAP/Mick Tsikas