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Paradise Lost: EU governments blocking transparency one year after Paradise Papers

Olivia Lally

06 Nov 2018 18:04:49

On the morning of 5 November 2017, exactly one year ago this week, people around the world woke up to yet another shocking tax scandal. The Paradise Papers – released by the International Consortium of Investigative Journalists – included 13.4 million leaked files from the law firm Appleby and others. The documents revealed the tax dodging strategies of more than 100 multinational corporations, including Nike and Apple, as well as the offshore activities of more than 120 politicians and world leaders. Overnight, big companies, politicians and celebrities found their dirty laundry exposed on front pages around the world. But 12 months later, what has changed? The answer is: not enough. We’re still stuck in the murky waters of corporate secrecy. Big companies can still hide money ...