Increasing South Dakota case of trusts not knowing beneficiaries. Brussels will present a proposal against the misuse of shell companies.
Washington magistrates from nine countries, including Spain, Brazil, Australia and the Czech Republic, have already launched an investigation into the revelations. Pandora Papers: Tax evasion and money laundering. The European Commissioner for Economics Paulo Gentiloni has announced that Brussels will present a proposal within a year against the misuse of shell companies.
The investigation was carried out by the International Consortium of Investigative Journalists, which collects 150 media from around the world. 35 Debts of Heads of State and Governments, Politicians, entrepreneurs, sports and sports stars.
The news continues to flow in the international media.
Le Monte writes Dominic Strauss-Kahn, Former Director General of the Monetary Fund, in 2013 he founded a company in Morocco, Parnas International, in which he transferred his personal income and took it from the French tax authorities. The Guardian, on the other hand, questions Crown who bought a building in London From the family of Ilham Ali, President of Azerbaijan. Ali is suspected to have carried out a money laundering operation.
Yesterday was also a day of denial. Kremlin spokesman Dmitry Pesco has been fired Revelations about Vladimir Putin As unreliable. King Abdullah II of Jordan has justified the secret purchase of villas in the United States and London for security reasons. And so on.
Pandora’s papers open a political case in the United States as well. The Washington Post followed suit 206 opaque accounts used by foreigners from 41 different countries. They include Luis Abinader, President of the Dominican Republic, President of Ecuador, Guillermo Lasso, King of Jordan, entrepreneurs and stars of the show. One of the most active intersections is South Dakota, a state that has promoted so-called trusts. Local legislation allows these companies to examine the identity and cash movements of the beneficiary. Within a few years, trusts in South Dakota increased. Papers show how to be most active Trident Trust, Based in Sioux Falls. In fact it is a long-term phenomenon, with different subtleties but widespread in different states. From Delaware to Alaska, from Florida to Nevada.
Joe Biden, at the press conference, He avoided the question of tax systems Interior However, the problem is that the president is committed to eliminating tax evasion and corruption.
On January 1, 2021, after two years of negotiations, Congress approved Transparency Law, Anti-money laundering tools law that updates, among other things. Companies included in the US are required to disclose who their shareholders or beneficiaries are. But the new provision does not refer to trusts. In theory, there is the possibility of resolving the legislative loophole: the laws will come into force when the Treasury Department issues regulatory enforcement. The deadline is January 2022.
Will face administration Response of concerned states. A bilateral alignment. Republican-ruled South Dakota; Delaware of Democrats.
October 4, 2021 (Change October 4, 2021 | 23:52)
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