PARIS, France (AFP) — Apple, Bono and Queen Elizabeth II are just a few of the big names and companies revealed in the Paradise Papers leak who have reportedly shifted money across the globe to cut tax. The spotlight on the tax affairs of the rich and powerful comes after a trove of documents was released by the US-based International Consortium of Investigative Journalists (ICIJ), detailing secretive offshore deals that, while not illegal, are embarrassing […]
Tag: taxation
Leaks show US commerce chief, UK queen’s offshore investments
by Issam AHMED Agence France-Presse WASHINGTON, United States (AFP) — US Commerce Secretary Wilbur Ross has business ties to a shipping firm linked to Vladimir Putin’s inner circle, according to a vast leak of financial documents that also revealed Britain’s Queen Elizabeth II’s investments in tax havens. It was also revealed that Canadian Prime Minister Justin Trudeau’s top fundraiser and senior advisor Stephen Bronfman, heir to the Seagram fortune, moved some $60 million to offshore […]
UK royals to receive massive tax funding boost
(Reuters) – Britain’s Queen Elizabeth and her royal family are set to see a huge boost to the funding they receive from United Kingdom taxpayers. Official estimates showing the crown’s finances will receive 76 million pounds this year — or 96 million United States dollars — nearly double what they received in the last two years. The money is used on everything from travel expenses to the cost of staff and upkeep of Buckingham Palace and […]





