3 ms·
Mostly a synthesis of what you'd find from other sources. The most interesting bit was adding the US context: "One reason there may be relatively few American
by msabalau 11y ago
Mostly a synthesis of what you'd find from other sources. The most interesting bit was adding the US context:
"One reason there may be relatively few Americans named in the documents is that it is fairly easy to form shell companies in the United States. James Henry, an economist and senior adviser to the Tax Justice Network, told Fusion that Americans “really don’t need to go to Panama.”"
- gnodar 11y agoHere's an article that discusses it: http://fusion.net/story/287671/americans-panama-papers-trove/ http://fusion.net/story/287671/americans-panama-papers-trove... Turns out that in many cases, forming a company within the US can be more secretive that forming in British Virgin Islands, Panama or the Bahamas. > If you form a British Virgin Islands company you have to declare who you are to the person forming the company for you; if you form in Nevada, for example, you don’t… So Nevada is great because it’s much more secret than the British Virgin Islands.
- deleted 11y ago[deleted]