Wednesday, November 08, 2017
Special Treatment, If You Can Afford It
NY Times: From Utah, Secretive Help for a Russian Oligarch and His Jet
"Records leaked from an offshore law firm show how the wealthy elite sidestep prohibitions on foreigners registering private planes in the United States."
The Next Generation of Politics
New Yorker: What Does Tulsi Gabbard Believe?
"An Iraq veteran and the first Hindu in Congress, Gabbard is a compelling figure."
Hiding Wealth Is Big Business: BBC: Paradise Papers live coverage: evening summary
"...The huge trove of leaked documents has made headlines around the world on the offshore financial affairs of hundreds of politicians, multinationals, celebrities and high-net-worth individuals.
Here are today's top stories so far:
Prince Charles campaigned to alter climate-change agreements without disclosing his private estate had an offshore financial interest in what he was promoting
An entrepreneur charged with managing the oil wealth of the struggling African state of Angola was paid more than $41m in just 20 months
The Isle of Man has rejected claims it is a tax haven, saying it doesn't welcome those "seeking to evade or aggressively avoid taxes"
They came after a wave of stories on Monday, including:
Apple has protected its low-tax regime by using the Channel Island of Jersey
Formula 1 champion Lewis Hamilton avoided tax on his £16.5m luxury jet, the papers suggest
A Lithuanian shopping mall partly owned by U2 star Bono is under investigation for potential tax evasion
How three stars of the hit BBC sitcom, Mrs Brown's Boys, diverted more than £2m into an offshore tax-avoidance scheme
And the stories on day one revealed:
The Queen's private estate invested about £10m offshore including a small amount in the company behind BrightHouse, a chain accused of irresponsible lending
One of President Donald Trump's top administration officials kept a financial stake in a firm whose major partners include a Russian company part-owned by President Vladimir Putin's son-in-law
Lord Ashcroft, a former Conservative party deputy chairman, has denied allegations he ignored the rules around how his offshore investments were managed..."
NY Times: From Utah, Secretive Help for a Russian Oligarch and His Jet
"Records leaked from an offshore law firm show how the wealthy elite sidestep prohibitions on foreigners registering private planes in the United States."
The Next Generation of Politics
New Yorker: What Does Tulsi Gabbard Believe?
"An Iraq veteran and the first Hindu in Congress, Gabbard is a compelling figure."
Hiding Wealth Is Big Business: BBC: Paradise Papers live coverage: evening summary
"...The huge trove of leaked documents has made headlines around the world on the offshore financial affairs of hundreds of politicians, multinationals, celebrities and high-net-worth individuals.
Here are today's top stories so far:
Prince Charles campaigned to alter climate-change agreements without disclosing his private estate had an offshore financial interest in what he was promoting
An entrepreneur charged with managing the oil wealth of the struggling African state of Angola was paid more than $41m in just 20 months
The Isle of Man has rejected claims it is a tax haven, saying it doesn't welcome those "seeking to evade or aggressively avoid taxes"
They came after a wave of stories on Monday, including:
Apple has protected its low-tax regime by using the Channel Island of Jersey
Formula 1 champion Lewis Hamilton avoided tax on his £16.5m luxury jet, the papers suggest
A Lithuanian shopping mall partly owned by U2 star Bono is under investigation for potential tax evasion
How three stars of the hit BBC sitcom, Mrs Brown's Boys, diverted more than £2m into an offshore tax-avoidance scheme
And the stories on day one revealed:
The Queen's private estate invested about £10m offshore including a small amount in the company behind BrightHouse, a chain accused of irresponsible lending
One of President Donald Trump's top administration officials kept a financial stake in a firm whose major partners include a Russian company part-owned by President Vladimir Putin's son-in-law
Lord Ashcroft, a former Conservative party deputy chairman, has denied allegations he ignored the rules around how his offshore investments were managed..."
