The Paradise Papers – The new data leak from Appleby
The ICIJ has published a new leak of information – the Paradise Papers – one of the largest leaks of data so far. The data comes from Appleby an offshore law firm headquartered in Bermuda but with the offices around the world.
The leak is one of the largest releases of data so far. In total the ICIJ had access to almost 14 million documents.
On this page we set out TJN’s response, some helpful documents for people to understand the issues raised in the Paradise Papers, including TJN briefing documents covering a range of offshore issues
WATCH: Alex Cobham responds to the Paradise Papers
Unitary taxation – Unitary taxation, a system which is already operating successfully in a number of countries, represents our best chance to end profit shifting and tax avoidance and multinationals. This briefing sets out what Unitary taxation is, and how it can help us deal with the problem.
Dodging taxes with debt – Debt and interest payments are one of the easiest ways countries can engage in tax avoidance. This briefing looks at international efforts to end this form of tax avoidance, and why they are unlikely to solve the current issue, and our recommendations for reform.
Trusts – Trusts are one of the most aggressive tools of financial secrecy. In this document we look at how trusts can be used and abused to hide money, and set out some proposals for reform of trust law.
The enablers of tax dodging – Tax dodging wouldn’t happen without the armies of lawyers, accountants, and other financial ‘professionals’ operating the tax avoidance and financial secrecy industry. This document sets out some proposals for reform of the system.
We are an independent international network launched in 2003. We conduct high-level research, analysis and advocacy on international tax; on the international aspects of financial regulation; on the role of tax in society; and on the impacts of tax evasion, tax avoidance, tax 'competition' and tax havens. We seek to create understanding and debate, and to promote reform, especially in poorer countries. We are not aligned to any political party.