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> "the effect of the Pandora Papers is to, deservedly, trash a suite of non-US tax havens" > "Who benefits? The US and the Big Four" I'm a bit confused as I r

> "the effect of the Pandora Papers is to, deservedly, trash a suite of non-US tax havens" > "Who benefits? The US and the Big Four" I'm a bit confused as I read this article as my understanding was that the Pandora Papers, for once, shed light on how the US is becoming the place of choice for the super rich seeking to escape taxation: https://www.theguardian.com/news/2021/oct/04/pandora-papers-reveal-south-dakotas-role-as-367bn-tax-haven https://www.theguardian.com/news/2021/oct/04/pandora-papers-... https://www.washingtonpost.com/business/interactive/2021/booming-us-tax-haven-industry/ https://www.washingtonpost.com/business/interactive/2021/boo... Not sure exactly how these revelations "benefit the US"?

barcoder 5y ago
According to the article the ICIJ is just releasing parts of the leaked papers that do not mention the big four or people that avoid tax within US boundaries. Therefore, the big four have some kind of immunity and are the only safe place for the mega wealthy to avoid tax.
shapefrog 5y ago
Free advertising.
iamacyborg 5y ago
It’s not even a case of “for once”. It’s made abundantly clear if you’ve read or watched The Laundromat which was written by a core contributor to the ICIJ that significant tax evasion is happening in America.