Pandora Papers: European Parliament describes UK and US as global hubs for money laundering and tax evasion

14 comments
  1. >“The Commission must link the access for the British financial sector to the EU’s Single Market with the UK’s alignment with our common standards on tax transparency and anti-money laundering.

    Good luck with that.

  2. But Luxembourg, Malta, Lithuania, Ireland, Netherlands all fine?

    Edit: not Lithuania, Estonia*
    However missed out Lichtenstein, and I’m sure the various micro-states could be counted.

  3. Maybe sort out your own tax havens eh EU? I seem to remember that BENELUX were in the top 20 in the world for personal tax. That’s not even mentioning the corporate tax havens that litter the EU either.

  4. Yeah Brussels might want to brush up on how the British and US law systems work and actually fix their own tax havens before telling others to

  5. The US is probably mostly Delaware, but it’s not because of their tax rate, but their corporate laws that make it convenient for startups.

  6. Interesting how everyone seems to toss the rock beetween each other. Instead of seen how we all get affected by gready corporations.

  7. Oh look – they blamed everyone else for years 😂😂

    Popularized articles and controlled the media..

    And as soon as the leaks come – guess who are the biggest players…

    They just perfected the art of “legalizing” it.

  8. Let’s not talk about Lichtenstein, nor Monaco, nor Andora, nor the Channel Islands nor the Isle of Man. and not of Ireland for that matter. Let’s not linger on how *Orange*, a transnational corporation whose main shareholder is the French state, maintains hollow subsidiaries in the Netherlands because ~~tax evasion~~ fiscal optimisation.

    Let’s not consider, either, the fiscal policies of the countries from whence we import most of our petroleum, our gas, and consumer goods ^1. It would be also quite foolish, wouldn’t it, to question where those same countries stand regarding human rights or diplomacy.

    Exports from teh EU are only toward fiscally virtuous countries, of course.

    It is quite convenient indeed that periodical leaks allow us to divert the blame outside of our borders, away from our leaders and to entertain the illusion, however fleeting, that us citizens have nothing at all to do with any of this.

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    1] also raw or semi-processed materials such as wood, steel … or even foodstuff.

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