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Pandora Papers: Documents Reveal How The Uber-Weatlhy Create Tax Havens, Dodge Taxes

From NYpost.com…

A massive trove of newly released confidential records exposes lucrative tax havens for some of the world’s most rich and powerful figures, from Jordan’s king to former British Prime Minister Tony Blair and spicy pop singer Shakira — and even an underground art dealer whose collections have been displayed at The Met.

Dubbed the “Pandora Papers,” the records consist of nearly 12 million documents detailing systematic tax-dodging by 14 firms that use off-shore bank accounts that hide the fortunes and assets of hundreds of wealthy clients.

Rich corporations and individuals used shell companies and secret trusts to hide assets ranging in yachts and jets, to mansions and insurance policies.

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