Tax authorities from the world’s richest nations on Wednesday probed a mass of murky offshore dealings revealed in the huge Panama Papers data leak, just hours after police raided the law firm at the centre of the scandal.
The leak of 11.5 million confidential offshore financial documents from Panamanian law office Mossack Fonseca offered international tax officials meeting in Paris an unprecedented trove of data to delve into alleged wrongdoing, officials said.
“We are basically trying to get the bigger picture,” Australian Tax Commissioner Chris Jordan, who proposed a joint investigation, told the Australian Financial Review business daily ahead of the gathering.
“It …read more
Source: Pakistan Today
