Hints and tips:
...said Lina Vega, president of Panamanian non-profit Fundación Libertad Ciudadana....
...He knew nothing about the BVI company, which placed itself into voluntary liquidation under the control of a Panamanian administrator after the FT began to make inquiries....
...Six of the 16 ministers in the Panamanian cabinet are women and the Central American country has set a quota of 30 per cent female participation for boards of state companies, an unusual step in the region...
...But this was offset by an 8 per cent corporation tax surcharge on the sector....
...In 2015, HMRC was given a target to triple to 100 the number of criminal investigations into “serious and complex” tax crimes by 2020, particularly those involving wealthy individuals and corporations....
...Papers, the stories culminated in the claim that Michelle Muscat, the prime minister’s wife, had received $1m from the daughter of President Ilham Aliyev of Azerbaijan, with the money moving through a Panamanian...
...Grassley, Senate judiciary committee chairman, and Sheldon Whitehouse, a Democratic colleague, are early next week set to introduce legislation that would require all US states to track the true owners of corporations...
...For him as for other clients, BSI turned to a Panamanian law firm to supply the nuts and bolts of secrecy....
...If that is in the UK, the directors have an obligation to report the liability of the company to tax in the UK and have UK corporation tax assessed on the company’s worldwide profits....
...He has been a top adviser to the Panamanian president....
...In recent weeks, there has been further pressure since a leak of files from Mossack Fonseca, a Panamanian law firm that specialises in offshore incorporations and trusts....
...The place they can see this most clearly, with the politicians enriching the rich corporations, is in the tax system,” says Mr Clemente....
...Shame is an uneven incentive; it may keep celebrities, politicians and consumer brands in line but less prominent figures and corporations will escape censure....
...According to Ha’aretz, EAPC’s main shareholder is APC Holdings, based in Halifax, Canada, and other shareholders include the Panamanian Eilat Corporation....
...However, Stuart Gulliver, chief executive, said: “It seems to me that we are holding large corporations to higher standards than the military, the church or civil service — Douglas and I should be aware...
...She told Ms Fairhead she should think about resigning from her position as chair of the corporation’s governing body or the government should think about sacking her if she did not go....
...Mr Gulliver had to defend himself after the Guardian reported that he sheltered millions of dollars of bonus payments in a Panamanian company via its Swiss private bank....
...HSBC was founded as The Hongkong and Shanghai Banking Corporation....
...Mr Gulliver not only held a Swiss private bank account but kept it in the name of a Panamanian shell company....
...Having weathered the Atlantic, they anchored off a Panamanian-Caribbean jungle that the settlers named New Caledonia (marked on today’s map as Punta Escoces – Scottish Point)....
...For example, according to documents seen by the FT, French bank Société Générale remunerated an offshore Panamanian company called Leinada, owned by Libyan business consultant Walid al-Giahmi, for advising...
...From a Panamanian waste water treatment provider to a Nigerian security guard services company, CDC Group has investments in 800 companies across more than 70 emerging market countries in Africa, Asia and...
...To understand how multi-national corporations make large profits in a depressed economy you have to understand their secret.....
...Many large corporations maintain their own security departments, all of which use information databases....
...“We had to learn how to think and operate as a corporation and that required learning about good leadership and good planning.”...
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