Paradise Papers! Auch Gerhard Schröder taucht auf! RIP Deutschland!

In den "Paradise Papers" sollen auch verschiedene deutsche Firmen auftauchen, darunter Sixt, die Deutsche Post, die Hotelkette Meininger, Siemens, Allianz, Bayer und die Deutsche Bank. Außerdem soll es Verbindungen zu rund tausend deutschen Personen geben: zu Milliardären, Unternehmern, Erben - und zum früheren Bundeskanzler Gerhard Schröder (SPD). Er war 2009 sogenannter "unabhängiger Aufsichtsrat" des russisch-britischen Energieunternehmens TNK-BP.

https://www.zeit.de/wirtschaft/2017-11/paradise-papers-neues-datenleck-enthuellt-offshore-geschaefte?utm_referrer=https%3A%2F%2Fwww.google.com%2F

Paradise Papers reveal how tax havens damage Africa

The new leaks of financial records illustrate how powerful individuals and companies across Africa use offshore havens to not only avoid paying taxes, but also to hide bribery and illegal dealings.

https://www.dw.com/en/paradise-papers-reveal-how-tax-havens-damage-africa/a-41321485

Lord Magan of Castletown declared bankrupt with debts of £14m

Lord Magan of Castletown, a former Tory party treasurer who owned one of Ireland’s grandest estates, has been declared bankrupt. His debts are estimated at £14 million and his marriage appears to be over.

A search for any surviving assets has begun after the financier, once estimated to be worth £200 million, claimed to be penniless.

https://www.thetimes.co.uk/article/lord-magan-of-castletown-declared-bankrupt-with-debts-of-14m-7pg8dq2rb

Crap country greece! Anyone vacationing in greece should know these ppl are criminal

The current leader of the Greek opposition, New Democracy party leader Kyriakos Mitsotakis, is odds-on favourite to become the next Greek prime minister. Both German and US media have dubbed him a “star of the people” offering Greece “a glimmer of hope”. A sworn reformist, he slams nepotism and corruption.

And yet that international praise ignores hard facts – such as the inclusion of his spouse in the Paradise Papers or his personal involvement in the biggest corruption scandal of the last 30 years in Greece.

https://www.investigate-europe.eu/en/2018/the-overlooked-past-of-the-next-pm-of-greece/

Paradise Papers : cinq Français cités dans l'enquête

Les révélations issues des "Paradise Papers" ciblent plusieurs grandes fortunes et des célébrités, dont des Français, de l'homme d'affaires Bernard Arnault au designer Philippe Starck. La Tribune fait le point sur les accusations qui leur sont portées.

https://www.latribune.fr/economie/international/paradise-papers-quatre-francais-cites-dans-l-enquete-1-2-757140.html

The Brexiters who put their money offshore

Many of the most powerful supporters of the Brexit campaign appear in the Paradise Papers because of their offshore interests. There is nothing illegal about their arrangements. But many of these same voices have urged a “hard Brexit” – which could see the UK ripping up its economic model and in effect becoming a tax haven on the borders of Europe.

That might suit Brexiters, many of whom have either made their money, or keep their money, or live, offshore.

https://www.theguardian.com/news/2017/nov/09/brexiters-put-money-offshore-tax-haven

Nach den "Paradise Papers" Merkur-Spiele verschwinden aus dem Netz

Das deutsche Glücksspiel-Unternehmen Gauselmann hat über Lizenzgebühren an illegalen Online-Casinos mitverdient. Das enthüllten die "Paradise Papers" vor wenigen Tagen. Nun will der Konzern sich aus dem Markt zurückziehen. In der Branche rumort es gewaltig.

https://www.tagesschau.de/ausland/paradisepapers/gluecksspiel-101.html

Russians in Paradise Papers The list includes Shuvalov's wife, Abramovich, a classmate of Putin and two deputies

The company of the same name - Blackfil SA Ltd - operates in the Czech Republic.

Since 2006, it belonged to Blotsky, but last year, less than a week before the Duma elections, was rewritten on the father of the deputy - Nikolai Blotsky.

http://rusletter.com/articles/russians_in_paradise_papers

The Isles Are Alive With The Sound of Music

Rummaging through the records of offshore havens turns up a fairly predictable list of assets – real estate, cash, earnings shifted to low-tax jurisdictions by multinational companies,

hidden masterpieces by Picasso and other artists, antique cars, yachts and planes. But musical memories? The songs that you danced to in your youth or at your son’s or daughter’s wedding? The summertime hit you sang driving down backroads or the reggae tune blasting at the beach? What are they doing offshore?

They’re there for the same reason as other assets – tax advantages. Skipping taxes increases earnings from intellectual property – patents, copyrights, trademarks and trade secrets – as well as other holdings.

Files from the Appleby law firm office on the island of Jersey, in the English Channel, include a cache of music publishing rights, a stream of royalties to be collected for music produced by artists that included John Denver of “Country Roads” fame, Duke Ellington, Chubby Checker (not your usual Jersey Boys) and Sheryl Crow.

https://www.icij.org/investigations/paradise-papers/music-rights-offshore/

More than 100 universities and colleges included in Offshore Leaks Database

American universities whose endowments appear in the Paradise Papers using blocker funds include Columbia, Dartmouth and Johns Hopkins.

https://www.icij.org/investigations/paradise-papers/universities-colleges-offshore-leaks-database/

The Finnish state development financing agency Finnfund has invested eight million euros in a fund in the Cayman Islands

Paradise Papers: Finnish development finance agency holds 8 mil in tax haven fund

https://yle.fi/uutiset/osasto/news/paradise_papers_finnish_development_finance_agency_holds_8_mil_in_tax_haven_fund/9919282

Christer Gardell har privata miljarder i bolag på Malta

Christer Gardell är med sin fond Cevian en av Sveriges mäktigaste finansmän. SVT kan nu avslöja att han har 4,6 miljarder kronor i privat förmögenhet i holdingbolag på Malta.

Via Paradisläckan har vi granskat hans upplägg som kan minska skatten med många miljoner.

https://www.svt.se/nyheter/inrikes/christer-gardell-har-privata-miljarder-i-bolag-pa-malta

Family Business: Swedish Royals Entangled in Paradise Papers

The Paradise Papers jumble is growing every day to involve more politicians, celebrities and even royal families.

The Royal House of Sweden also received an "honorable mention" in the papers, which implicates one of Sweden's richest men.

https://sputniknews.com/viral/201711091058947069-sweden-royals-tax-evasion/

Games played by rich people! Title Royal but function like mafia!

The Crown Princess flew on a privately-owned jet on her honeymoon – one that was registered in a tax haven

https://www.svt.se/nyheter/granskning/ug/the-crown-princess-flew-on-a-privately-owned-jet-on-her-honeymoon-one-that-was-registered-in-a-tax-haven

How a big Australian bank bought into Sheryl Crow's back catalogue

Some of Australia’s leading banks have been revealed as parties to schemes that use tax havens to minimise tax in Australia and other jurisdictions for their wealthy clients, while offering investments in assets such as back catalogues of rock songs.

https://www.theguardian.com/news/2017/nov/07/australian-bank-sheryl-crow-back-catalogue-paradise-papers

Paradise Papers: Glencore and the Bin Laden family jet

Oil trading group Glencore cut $US6 million off the price of a new $US57 million Bombardier 6000 jet that it sold in an undisclosed 2014 deal to the brother of Osama bin Laden, who was an influential adviser of Saudi Arabia's then ruler, King Abdullah al Saud.

Days before the sale to Sheikh Bakr Mohammed bin Laden was negotiated, Glencore had obtained a tax break in the Isle of Man worth $US11.5 million by telling officials that it planned to operate the aircraft under lease for five years.

https://www.afr.com/companies/mining/paradise-papers-glencore-and-the-bin-laden-family-jet-20171106-gzffea

Curt Engelhorn, heir to chemical company BASF and former head of Boehringer Mannheim, which he sold to Roche in 1997 for over $10 billion, and Frederik Paulsen, heir of Ferring pharma, were clients of the Bermuda-based law firm Appleby from which the Paradise Papers were leaked.

German pharma families show up in Paradise Papers

https://www.apmhealtheurope.com/freestory/0/55696/german-pharma-families-show-up-in-paradise-papers

David Coe scandal

Paradise Papers: David Coe, John Kinghorn faced joint Tax Office Jersey probe

https://www.afr.com/world/paradise-papers-david-coe-john-kinghorn-faced-joint-tax-office-jersey-probe-20171107-gzgcgf

Bad guy Leo Kolber

The documents show how a Delaware-based company closely connected to the Montreal-based financier was owed $8 million from the Kolber Trust, set up for former Liberal Sen. Leo Kolber and his family in the no-tax Cayman Islands.

https://www.cbc.ca/news/business/stephen-bronfman-paradise-papers-kolber-trust-1.4413862

The Paradise Papers show how much money hit tunes like "Leaving on a Jet Plane" and "Disco Inferno" make in a year, and how one catalog of songs escaped paying tax

The music catalog from the Paradise Papers belonged to an English fund with the cumbersome name First State Media Works Fund 1. The investors included pension funds from Europe, Australia and the United States. It was first managed by a company based in Ireland, then an English music publisher. Starting in 2011, Bertelsmann subsidiary BMG Rights Management controlled the music rights for three years. Those who invest money in the music market secure rights to songs that have been frequently played for years, or invest in songs they believe will be played often in the future – on the radio, in ads or in movies. The value of a song can go up quickly when, for example, one manages to bring a popular remix onto the market. Or if a song is placed on a successful TV show like "Friends."

One of the best-known music investors was Michael Jackson. He showed his good business sense when he bought a music catalog in 1985 for $47.5 million that included songs by the Beatles, including "Hey Jude" and "Let

million that included songs by the Beatles, including "Hey Jude" and "Let It Be." At the the time, Jackson outbid Beatles singer and composer Paul McCartney in a spectacular fashion. Last year, Jackson's heirs sold the Beatles songs, along with part of the catalog, to Sony for $750 million.

https://projekte.sueddeutsche.de/paradisepapers/kultur/the-lucrative-offshore-business-of-music-publishing-e735508/

Bad boy Apple!

Paradise Papers: Apple's secret tax bolthole revealed

The world's most profitable firm has a secretive new structure that would enable it to continue avoiding billions in taxes, the Paradise Papers show.

They reveal how Apple sidestepped a 2013 crackdown on its controversial Irish tax practices by actively shopping around for a tax haven.

It then moved the firm holding most of its untaxed offshore cash, now $252bn, to the Channel Island of Jersey.

Massive GDP spike When the "double-Irish" loophole was shut down, Ireland also created new tax regulations that companies like Apple could take advantage of.

One of the companies that Apple moved to Jersey, ASI, had rights to some of Apple Inc's hugely valuable intellectual property. line If ASI sold the intellectual property back to an Irish company, the Irish company would be able to offset the enormous cost against any future profits.

And since the IP holder, ASI, was registered in Jersey, the profits of the sale would not be taxed. It appears Apple has done just that.

There was an extraordinary 26% spike in Ireland's GDP in 2015 which media reports put down to intellectual property assets moving into Ireland. Intangible assets rose a massive €250bn in Ireland that year.

https://www.bbc.com/news/world-us-canada-41889787

Of the 60 largest companies listed on the Toronto Stock Exchange, all but four have subsidiaries in known tax havens, the report stated.

Canada's Largest Corporations Have 1,000+ Subsidiaries In Offshore Tax Havens: Report

https://www.huffingtonpost.ca/2017/11/15/canadas-largest-corporations-have-1-000-subsidiaries-in-offshore-tax-havens-report_a_23278351/

Honorary degrees for Brian Mulroney’s billionaire friends who funded his St. F.X. legacy project

Canadian billionaire businessmen Victor Dahdaleh and Wafic Said, identified in connection with international corruption scandals, contributed a combined $5.5 million to the former prime minister’s $60-million institute at St. Francis Xavier University.

https://www.toronto.com/news-story/7972183-honorary-degrees-for-brian-mulroney-s-billionaire-friends-who-funded-his-st-f-x-legacy-project/

Wilbur Ross, the U.S. commerce secretary, donated to the Mulroney Institute. The Paradise Papers revealed that, through a thicket of offshore shell companies, Ross had a stake in a shipping business that received $68 million US from a Russian energy firm.

New Mulroney Institute is Bankrolled by Billionaires Steeped in Scandal

From a Jordanian-born metals magnate implicated in aluminum-industry kickbacks, to a Syrian-British entrepreneur who helped broker a massive U.K. arms deal mired in corruption allegations, to one of U.S. President Donald Trump's cabinet picks with ties to Russia, a number of the power players bankrolling the Mulroney Institute of Government at St. Francis Xavier University have checkered resumés.

https://www.allardprize.org/news/new-mulroney-institute-bankrolled-billionaires-steeped-scandal

Man named in Paradise Papers linked to Brian Mulroney

Bad guy Stephen Bronfman!

You believe our world has a future?

Stephen Bronfman, heir to the Seagram fortune, who was instrumental in Trudeau’s successful bid for the leadership of the Canadian Liberal party in 2013 and the premiership two years later, engaged through his family investment business in a complex web of entities in the US, Israel and the Cayman Islands. Multimillion-dollar cashflows between the three jurisdictions might legally have avoided taxes in the US, Canada and Israel.

https://www.theguardian.com/news/2017/nov/05/justin-trudeau-adviser-stephen-bronfman-offshore-paradise-papers

Paradise Papers: Tax revelations hit Canada PM Justin Trudeau's fundraiser

The leaks pose questions about the actions of Stephen Bronfman, chief fundraiser for Mr Trudeau's Liberal Party as well as ex-senator Leo Kolber.

https://www.bbc.com/news/world-us-canada-41877065

Corrupt Zuckerberg!

RIP Corrupt country Canada!

More than 3,000 Canadian entities, 3 former PMs, named in Paradise Papers leak

https://www.rcinet.ca/en/2017/11/06/more-than-3000-canadian-entities-3-former-pms-named-in-paradise-papers-leak/

RIP Corrupt Justin!

https://en.wikipedia.org/wiki/SNC-Lavalin_affair

The corrupt elite!

Journalist Pelin Ünker sentenced to jail in Turkey over Paradise Papers investigation

https://www.theguardian.com/news/2019/jan/09/journalist-pelin-unker-sentenced-to-jail-in-turkey-over-paradise-papers-investigation

Turkish prime minister’s family caught up in Paradise Papers leak

Read more:

https://www.al-monitor.com/originals/2017/11/turkey-yildirim-family-tax-scandal-leak.html#ixzz6qKQy7vvs

https://www.haaretz.com/middle-east-news/turkey/turkish-opposition-calls-for-pm-s-resignation-after-his-sons-breach-of-ethics-1.5464032