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5 Key Points About The Panama Papers, 4 About Tax Havens

One of the most shocking revelations is that U.S. protected multinationals and many of their allies around the world have US$32 trillion in tax havens.

April 05th, 2016

By teleSUR

5 Key Points About The Panama Papers, 4 About Tax Havens

The Panama Papers 1. The Panama Papers are a massive and historic leak of confidential documents that reveal how the rich and powerful from many countries around the globe use tax havens to hide their wealth. 2. About 140 high-level officials and millionaires, and about 113,000 shell companies are exposed in the documents, including at least 12

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teleSUR

teleSUR English bring you world news with a focus on the people, the common citizen, and stories untold by traditional media. You will only find them at teleSUR.

Delaware To Remain U.S. “Shell Corporation” Capital

Paper companies are the “getaway cars for global financial crime,” and new legislation is unlikely to do much to resolve the issue — especially not in Delaware.

WASHINGTON --- Civil society groups are dismissing as inadequate proposed legal reforms in Delaware aimed at tightening transparency requirements in the state, one of the world’s most important homes to anonymous “shell” corporations. Delaware’s loose regulations, coupled with the state’s aggressive positioning of itself as

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Carey L. Biron

Carey L. Biron is Washington correspondent for MintPress and for Inter Press News focusing on issues of equity and accountability, environmental and corporate regulation, and international development and governance from Capitol Hill. Carey spent much of the past 15 years covering South and Southeast Asia as a radio and print reporter and editor.