BERLIN — The fallout from a massive leak of records on offshore accounts dragged a growing number of leaders and celebrities into the spotlight Wednesday, with a Bollywood actor, a race car driver and Ukraine’s president among those denying they evaded taxes.
The reports center on millions of documents detailing how the rich and powerful use shell companies in low-tax states like Panama or the Cayman Islands, sometimes giving them fanciful names after James Bond films like Goldfinger, “Moonraker” and “SkyFall.”
The data leaked from the Panama law firm Mossack Fonseca was reported this week by an international group of media companies …read more
Source: San Francisco Chronicle
