Looks like paradise – especially if you’re a multinational corporation in need of a tax haven.
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New research shows that companies are shifting record amounts of their profits to tax havens, despite a global effort to crack down on the practice.
Enforcing punishments on proven tax cheats could provide benefits beyond improving compliance to tax laws. Once offenders pay up, billions lost to offshore scandals could be recouped and the tax burden more fairly shared among taxpayers.
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Research suggests punishing tax cheats can re-establish a sense of justice among the general public, so authorities should use their resources to ensure culpable offenders are held accountable.
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It’s become hard to tell where avoidance stops and evasion starts. Tax havens enable both.
The world’s wealthiest people wouldn’t be able to shield their riches from tax authorities without enablers.
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Highly compensated ‘enablers’ such as financial experts, lawyers, accountants, notaries, estate agents and company service providers are assisting oligarchs, dictators and criminals around the world.
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Juicy stories of political leaders stashing loot overseas make good headlines. But the real story is the need for systemic solutions, especially on property rights and transparency.
Why the super-rich are targeting the Mount Rushmore state.
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A taxation expert explains why South Dakota has become a favorite state for the ultra-rich when it comes to squirreling away their wealth.
What’s inside the box?
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The latest instalment of leaks about the super-rich using offshore tax havens to hide their wealth has been published.
Who murdered Daphne Caruana Galizia?
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The life, death and work of murdered journalist Daphne Caruana Galizia may finally be bearing fruit.
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Not all people in banks are unethical, but banking attracts unethical people.
The Panama Papers was the biggest-ever collaboration for investigative journalism, involving 400 journalists in 80 countries who collectively produced 6,000 stories in 100 different media outlets.
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Media Files: investigative journalist Bastian Obermayer, who led the Panama Papers tax exposé
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Today we meet Bastian Obermayer, the Pulitizer prize-winning journalist who led the Panama Papers investigation into global tax evasion.
Glencore’s lawyers argued anything about the company in the Paradise Papers was “privileged” and the tax office should be prevented from using that information.
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The High Court of Australia has given the Australia Taxation Office a green light to use leaked information about Glencore and offshore tax havens.
NBC News intern Cassie Semyon, dashing to beat the competition.
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Instead of taking pride in how quickly they cover the same stories as everyone else, these organizations make public service journalism their top priority.
Corruption is as old as human history.
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Corruption can never be eliminated. Whether we like it or not, it has always been part of human nature and will continue to infect society.
A river dike on the Rio Nil near El Asintal, Guatemala.
(Consejo de Comunidades en Defensa del Ambiente del Municipio de El Asintal)
Increased use of renewable energies could help curb climate change, but the water required for their production has dispossessed rural Guatemalans.
Breaking down the big numbers.
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Today’s news can often involve mind-bogglingly large numbers. A math professor shares some tricks for understanding it all.
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Established media organisations are collaborating across borders and with new media to break big stories such as global tax avoidance by the rich and powerful.
The first strategy is to require the public disclosure of country by country reporting of company tax affairs.
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The ideas are already out there to tackle some of the tax avoidance highlighted by the Paradise Papers.
Emotions run high in Lahore.
EPA/Rahat Dar
Economic trouble and political violence are much more pressing concerns for Pakistanis than the political fate of their prime minister.
As journalism loses its financial footing, it may need more support from foundations.
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Big cash infusions can give nonprofit journalism a much-needed boost. But the ailing news industry needs more consistent funding.
The film Spotlight showed how investigative reporters uncovered abuse in the Catholic Church.
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Despite its negative aspects, investigative journalists globally are using social media to collaborate and uncover important stories.