Martha Stewart, Madonna and Nicole Kidman are among those named in leaked Paradise Papers documents
They are some of the biggest names in entertainment, and all of them make an appearance in the Paradise Papers. Some do so by name, such as the “Ciccone, Madonna” listed in tiny print among the investors of a Bermuda company, while others are there by dint of the offshore entities they have backed.
Some of the celebrities’ interests are historical, others contemporary. Some are similar to those of the singer Shakira, who holds a substantial portion of her showbusiness earnings offshore.
Paradise Papers reveal F1 champion’s advisers set up offshore structure that experts say may be open to legal challenge
The Formula One world champion, Lewis Hamilton, one of the world’s richest sportspeople, avoided paying European taxes on his private jet using an Isle of Man scheme that is to be investigated by HM Revenue and Customs.
The big four accountancy firm EY and Appleby, the law firm at the centre of the Paradise Papers leak, helped Hamilton [...]
Massive leak of secret documents shared with Guardian and other news organisations shows how world’s biggest businesses and leading politicians have sheltered their wealth in tax havens
Analysis shows $1.3tn of assets from Russia sitting offshore, as David Cameron prepares to host anti-corruption summit
More than $12tn (£8tn) has been siphoned out of Russia, China and other emerging economies into the secretive world of offshore finance, new research has revealed, as David Cameron prepares to host world leaders for an anti-corruption summit.
A detailed 18-month research project has uncovered a sharp increase in the capital flowing offshore from developing countries, in particular Russia and China.Continue reading...