[99], The papers also show that in June 2007, the Duchy of Cornwall, a possession of Prince Charles, invested $113,500 in Sustainable Forestry Management,[97] a Bermuda-based carbon credits trading company run by Hugh van Cutsem. Die Unterlagen stellen in tausenden Fällen dar, wie von Milliardären weltweit und einigen der global größten Konzerne wie Apple, Facebook oder Nike mittels Geldwäsch… : The leak is a trove of 13.4 million files taken mostly from the offshore law firm Appleby", "Union Minister Jayant Sinha's Response To Paradise Papers Reveal", "Paradise Papers: Security firm of BJP Rajya Sabha MP Ravindra Kishore Sinha linked to two offshore entities", "Manipal Fraud Case: Supreme Court Grants Bail To Former Employee Sandeep Gururaj", "The Indian superstars of tax haven leaks: Amitabh Bachchan and Vijay Mallya", "Tax office to follow up 'Paradise Papers' data on Indonesian taxpayers", "Perusahaan Prabowo dan Sandiaga tersangkut Paradise Papers - Tempo", Paradise Papers: ICIJ releases another database revealing offshore companies, "Arrest warrant for Kazakh billionaire accused of one of world's biggest frauds", "Paradise Papers: ICIJ names Pakistanis Shaukat Aziz and Ayaz Khan Niazi", "Paradise Papers: Η εμφάνιση του ονόματος της Μαρέβα Γκραμπόφσκι- Μητσοτάκη και οι απαντήσεις της", "Οι 2.594 Έλληνες στη νέα λίστα των Paradise Papers - Avgi.gr", "Οι Έλληνες των Paradise Papers - Αναλυτική λίστα - Avgi.gr", Paradise Papers: Queen and Bono kept money in offshore funds, leaked files reveal, "Bono responds after being named in the Paradise Papers", Paradise Papers | Power players with interests in Malta companies, PWC und der serbische Minister von Küsnacht, "Trias participated as a beneficiary in an offshore trust of the RBS Coutts bank in Switzerland", "The Spaniards of the 'Papers of Paradise': Xavier Trias, José María Cano and Daniel Maté", "The former president of Telefónica Juan Villalonga administered two companies in tax havens", "Angola Sovereign Wealth Fund Denies Claims Investments Illegal", Four Things The Paradise Papers Tells Us About Malta, "Paradise Belgeleri: Zenginler ve siyasetçilerin off-shore sırları", "Turkish journalist spared jail for Paradise Papers investigation", "Prince Charles's estate made big profit on stake in friend's offshore firm", "Revealed: Queen's private estate invested millions of pounds offshore", "Paradise Papers: Queen should apologise, suggests Corbyn", "Theresa May 'frustrated' at refusal of BBC and Guardian to hand over Paradise Papers evidence", "Paradise Papers: Prince Charles lobbied on climate policy after shares purchase", "James Sassoon to act as president of financial action task force", "James Meyer Sassoon – ICIJ Offshore Leaks Database", "Offshore Gurus Help Rich Avoid Taxes on Jets and Yachts: Buying a $27-million private jet or plush mega-yacht means millions in sales taxes—unless you know the right pro", "BBC settles Paradise Papers legal action", "Paradise Papers Reveal Poroshenko's Attempt to Avoid Ukrainian Taxes", "Paradise Papers: Ukraine crime gang hid proceeds in luxury London flats", "The Paradise Papers: Haaretz Reveals Some of the Israeli Businessmen and Firms Registered in Offshore Tax Havens", "Huge offshore data leak reveals financial secrets of global elites—from the Queen to former PMs", "Justin Trudeau's Chief Fundraiser Linked To Offshore Tax Maneuvers: Long-standing offshore ties of the Liberal Party moneyman and his famous family provide jarring contrast to Canadian prime minister's campaign for tax fairness", Mexicanos involucrados en Paradise Papers, "Commerce Secretary's Offshore Ties to Putin 'Cronies, "Ross shorted Russian-linked shipping company ahead of Paradise Papers", "Offshore Trove Exposes Trump-Russia Links And Piggy Banks of the Wealthiest 1 Percent", Kremlin-owned Firms Linked to Major Investments in Twitter and Facebook, "Russia funded Facebook and Twitter investments through Kushner associate", Trump’s cabinet members amongst those named in Paradise Papers, "Big U.S. Durch die "Paradise Papers" gerät auch die Isle of Man massiv unter Druck. [129], According to the papers, Argentine hotelier and real estate developer Alan Faena was director and CEO of half a dozen companies in the Cayman Islands and British Virgin Islands. [134], In the United Kingdom, the public reaction to the Paradise Papers has been relatively muted compared to similar leaks in the past, such as the Panama Papers. [91] Businessman Juan Villalonga, CEO of Telefónica 1996 to 2000, registered two companies in tax havens. Liste des personnes citées dans les Paradise Papers. The Paradise Papers is a special investigation by the Guardian and 95 media partners worldwide into a leak of 13.4m files from two offshore service providers and 19 tax havens' company registries Tax avoiders’ accountants may have to give evidence to MPs. The prison sentence was overturned on appeal due to a statute of limitations, although the fine was allowed to stand. Four days after the Facebook IPO, a DST Global subsidiary sold more than 27 million shares of Facebook for approximately $1 billion. Political Donors Play The Offshore Game", "Jeffrey Epstein's offshore fortune traced to Paradise Papers", "Paradise Papers Show How Misguided the G.O.P. Voici une carte des paradis fiscaux européens, réalisée sur trois critères : en rouge figurent les pays et territoires figurant dans le top 15 des "pires paradis fiscaux pour les entreprises" épinglés par Oxfam dans son rapport de décembre 2016. «Les Panama papers étaient le scandale de l’illégalité», a souligné Pascal Saint-Amans, directeur du Centre de politique et d’administration fiscales de l’OCDE, interrogé sur France Inter. In January 2019 a Turkish court sentenced Ünker to thirteen months in jail for "defamation and insult", and separately fined the newspaper for "insult". [32] The JFSC confirmed that the two Apple subsidiaries referred to by the media are not Jersey-registered companies and their understanding is that Apple funds relating to these entities have not been remitted to or held in the Island. [111] One of the trusts, the Valentine 1997 Trust, was valued at more than $40 million in 2015, and its income is to be paid to the queen during her lifetime. [58], The Supreme Court of Mauritius later froze 91 bank accounts associated with Bastos as part of an inquiry into his investments for the Angolan sovereign wealth fund, and suspended the licenses of seven investment companies linked to Bastos' Quantum Global.[59]. Oil firm uses tax haven 'shell' company. [119], Tillerson, while CEO of Exxon Yemen, was a director of a company with a joint venture agreement with a Yemeni state-owned company. The Jersey Financial Services Commission (JFSC) issued a statement regarding Apple on 7 November 2017. One is the main bidder for the purchase of diesel oil by the current government through the state owned CAMMESA (Compañía Administradora del Mercado Mayorista Eléctrico). [135] Possible reasons include the absence of overt illegality in the information; most media sources are careful to point out that the schemes in the Paradise Papers are generally lawful. Jean Chrétien, former Prime Minister of Canada 3. management buy-out and is now relaunched as Estera. Foreign Minister Sam Kutesa is listed as beneficiary, along with his daughter, of a trust which holds the Seychelles-based Katonga Investments Ltd. Katonga gave as its source of income Enhas Uganda, another Kutesa-owned company criticized in a parliamentary committee as part of a privatization it said had been "manipulated and taken advantage of by a few politically powerful people who sacrifice the people's interests". The mine is owned by Nantou Mining SA, which is owned by Merope Inc, a Bermuda shell company set up by Appleby with directors provided by the firm. [101], James Meyer Sassoon, the 2007 president of the international Financial Action Task Force on Money Laundering,[65][102] said that his $236 million trust[103] revealed in the papers had been established years before by his grandmother with funds that had not been earned in the UK and therefore were not subject to tax there. The loan document specifically provided that repayment would be owed if agreement was not reached within three months. The Paradise Papers say part of this company (the “fiduciary” arm dealing with trusts) has changed its name following a . [128], Argentine Energy Minister Juan José Aranguren managed two offshore companies, Shell Western Supply and Trading Limited and Sol Antilles y Guianas Limited, both subsidiaries of Royal Dutch Shell. The Paradise Papers are more than 13 million leaked secret corporate files, about half of which belong to offshore law and corporate services provider Appleby. [65], Alsacia-Express [es], which runs the debt-ridden public transit system of Santiago, holds assets in a Bermuda bank, according to the Appleby documents. Appleby said that some of its data had been stolen in a cyberattack in the previous year and denied the ICIJ's allegations. The trust also owns property in southern England adjacent to Buckhurst Park, Sussex. [60] Ghanaian Finance Minister Ken Ofori-Atta was identified as a co-director of an offshore company with outgoing president of Liberia, Ellen Johnson Sirleaf. The US government sanctioned VTB in 2014 because of the Russian military intervention in Crimea, but DST Global had by then sold its stake in Twitter. The documents originate from the legal firm Appleby, the corporate services providers Estera and Asiaciti Trust, and business registries in 19 tax jurisdictions. [12] After media outlets started reporting on the documents, the company said there was "no evidence of wrongdoing", and they "are a law firm which advises clients on legitimate and lawful ways to conduct their business", and they "do not tolerate illegal behaviour". We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly."[2]. [100], Four weeks after the Duchy of Cornwall purchased shares in Sustainable Forestry Management, Prince Charles made a speech criticising the European Union Emission Trading Scheme and the Kyoto Protocol for excluding carbon credits from rainforests, and called for change. [65] Kutesa was also president of the United Nations General Assembly in 2014–2015. Its profits were not declared in Europe and came to light only because of a mostly unrelated case in US Tax Court, where papers filed by Nike briefly mention royalties in 2010, 2011 and 2012 totaling $3.86 billion. [73][74], Former Japanese Prime Minister Yukio Hatoyama is listed in the papers. Cumhuriyet reported that one of the companies shared an address with a company that won a $7 million government contract. [43] He received a controversial presidential pardon from U.S. President Bill Clinton on 20 January 2001, Clinton's last day in office. The consortium made the data available to these media partners using Neo4j,[17] a graph-database platform made for connected data, and Linkurious,[18] graph-visualization software. [127], Argentine Finance Minister Luis Caputo managed at least two offshore wealth funds. [65], Rami Makhlouf, reportedly Syria's wealthiest man, is listed in the papers. "[142], On 18 December 2017, it was reported that Appleby had issued legal proceedings against the BBC and The Guardian for breach of confidence. Prince Khaled bin Sultan bin Abdulaziz Al Saud, a former deputy minister of defense for the Kingdom of Saudi Arabia, is given as the owner of at least eight companies in Bermuda between 1989 and 2014, some of them apparently formed for purposes of owning yachts and airplanes. Companies with similar structures include Tesla, Inc., NetApp and Uber. Glencore's writ has four plaintiffs: Glencore International AG (an intermediate holding company resident in Switzerland), Glencore Investment Pty Ltd (a company incorporated in Australia), Glencore Australia Holdings Pty Ltd (a company incorporated in Australia), and Glencore Investment Holdings Australia Ltd (a company incorporated in Bermuda). [11] Later that month, the International Consortium of Investigative Journalists (ICIJ) approached the offshore law firm Appleby with allegations of wrongdoing. [132], President of Colombia (2010–2018) Juan Manuel Santos is mentioned in the investigation. The sons, both doing maritime business, officially set up two companies in Malta, to avoid high Turkish tax rates. [81], Mareva Grabowski is listed in the Paradise Papers. [106] A confidential settlement between the three companies was reached on 4 May 2018. Ellen Johnson Sirleaf, President of Liberia Former heads of state 1. The International Consortium of Investigative Journalists and 95 media partners explored 13.4 million leaked files from a combination of offshore service providers and the company registries of some of the world’s most secretive countries. While Panama Papers leak brought 2.6TB data into the limelight, Paradise Papers … The Paradise Papers is a global investigation into the offshore activities of some of the world’s most powerful people and companies.. [33], The jurisdiction of Jersey has recently been independently assessed as fully compliant with international regulatory guidelines on tax transparency.[34]. [146][147], In October 2018, Swiss-based multinational Glencore sought an injunction with the High Court of Australia to prevent the use of Paradise Papers documents by the Australian Taxation Office in any legal action against the mining multinational. The Government of Jersey (States of Jersey) also issued a statement of similar effect on 7 November 2017. They include casino magnate Sheldon Adelson; resort owner Steve Wynn; hedge fund managers Robert Mercer and Paul Singer; and private equity investors Tom Barrack, Stephen Schwarzman, and Carl Icahn. "[142] The Democratic leader in the US Senate, Chuck Schumer, and the ranking Democratic member of the Senate finance committee, Ron Wyden, issued a joint statement accusing Republicans of "pushing a reform of the tax code that fails to close egregious loopholes revealed by the leaks. Glencore sold Merope in April 2017 but before that it was 100% owned by Glencore Finance (Bermuda) Ltd, which was, according to a document from the Paradise Papers leaks, 100% owned by Glencore Group Funding Ltd of the United Arab Emirates, an entity in turn 100% owned by Swiss firm Glencore International AG, itself a wholly owned subsidiary of Glencore plc, registered in Jersey. Die Paradise Papers [ˈpəɹə.daɪs ˈpeɪpəʳz] (deutsch Paradies-Papiere) sind ein Konvolut von ursprünglich vertraulichen Unterlagen der Anwaltskanzlei Appleby und des kleineren Treuhandunternehmens Asiaciti Trust, die 2016 der Süddeutschen Zeitung zugespielt wurden. Following a 2013 US Senate investigation, which featured testimony by CEO Tim Cook, Ireland announced that henceforth Irish companies would be required to declare tax residency somewhere in the world. [57] In a 20-month period he was paid over $41 million in management fees, and invested much of the money in his own projects. The Paradise Papers leak consists of about 1.4 terabytes' worth of data — a little more than half the size of last year's Panama Papers leak. Kutesa told the Daily Monitor he had never done anything with the company. [107], Former Ukrainian President Petro Poroshenko is named in the papers. As of November 2017, Apple held $252 billion offshore. Glencore asserted that the documents in question are subject to legal professional privilege. Es geht um Korruption, Geldwäsche, Steuerhinterziehung. Britain's youngest billionaire's name appears in the Paradise Papers in relation to two offshore trusts set up by the Grosvenor estate in the 1960s and 1970s, long before his birth. In 2016, Ghanaian authorities took his company to court for allegedly not making social security payments. [82], In total, 2.829 Greek names are listed in the papers, including several prominent businesspeople. In other words, Apple (some suggest) transferred them to a subsidiary located in Ireland for the tax incentives, and didn't have to pay any tax on the transaction in Bermuda either, on the value it declared on the property when it sold them to itself. Is on Taxes", "Paradise Papers salpicó al Gobierno de Macri: el ministro Luis Caputo manejó inversiones en Islas Caimán", "Aranguren: su paso por una offshore de Shell a la que el Estado le compró gasoil por US$150 M", "Alan Faena, otro argentino en Paradise Papers", "Zen-Noh Grain partners with Amaggi, Louis Dreyfus in joint venture", "Alsacia Express: Los secretos en Islas Bermudas del mayor operador del Transantiago", Juan Manuel Santos, el yerno de Trump y la reina Isabel II, implicados en los Paradise Papers, "La chanteuse Shakira place des millions d'euros de droits d'auteur à Malte", "Why aren't the streets full of protest about the Paradise Papers? Henrique de Campos Meirelles, the former Brazilian Minister of Finance, told Poder360 that he does not report income from his Sabedoria Foundation because it was set up to perform charitable functions after his death and therefore he receives no income from it. [117], Other members of the Trump administration that appear in the documents include former United States Secretary of State Rex Tillerson and former director of the National Economic Council Gary D. José María Figueres, former President of Costa Rica Heads of government Former heads of government: 1. Subcommittee of MPs to investigate facilitation of avoidance, in wake of Panama and Paradise Papers Published: 27 Mar 2018 . [133], The singer Shakira, while living in Barcelona, is a resident of the Bahamas and sends her authors' rights revenue to Malta. The Paradise Papers are a huge leak of financial documents that throw light on the top end of the world of offshore finance. Juan Manuel Santos, President of Colombia 3. [87], Ana Kolarević, sister of the former Montenegrin Prime Minister and President Milo Đukanović, who was in power from 1991 to 2016, is listed in the Paradise Papers. [4], Former president José María Figueres sat on the board of energy company Energia Global International, along with his brother and Timothy Phillips. The conglomerate was used by Synergy Group's subsidiary Avianca Holdings in the purchase of MacAir Jet, now Avianca Argentina, an aircraft company owned by Macri Group, for an amount of $10 million, allowing Avianca to make headway in the low-cost carrier business in Argentina. 13 Millionen Dokumente enthalten Informationen zu den Steuervermeidungsstrategien mitunter Prominenter Personen und namhafter Unternehmen. This may indicate that Apple took advantage of a tax incentive known as a capital allowance, which gives Irish companies generous tax breaks for buying intangible property – essentially intellectual property like patents. Companies, named Hawke Bay Marine Co. Ltd.(founded in 2004) and Black Eagle Marine Co. Ltd.(founded in 2007) are seen as "active" in the available detailed data. [35] Irish companies are required to pay taxes in Ireland, but if they convince authorities[which?] The company was bought in 2001 by Enel SpA, an Italian power company, for $73 million, plus $37 million in debt cancellation. Ibrahim Mahama, brother of former president of Ghana John Mahama, registered a company in the Isle of Man to hold the registration for his private jet, according to Appleby documents. Heads of state 1. [92], Quantum Global Group, an investment bank owned by Jean-Claude Bastos de Morais, managed the Angolan wealth fund invested in seven investment funds in Mauritius and received an annual fee of 2 percent to 2.5 percent of capital under management per year. [139], After the leak, more than 30 Members of the European Parliament issued an open letter criticizing the British government for failing to take action against the offshore tax industry. [52], Appleby and various banks in the Isle of Man, including Conister Bank which is owned by Arron Banks and Jim Mellon, had business with PokerStars and its founders, Mark Scheinberg and his father Isai Scheinberg, until it was sold for $4.9 billion in 2014 to The Stars Group, formerly known as Amaya.