PANAMA PAPERS OR 1.06 BILLION HARVESTS

WHEN THE FRENCH ARE LOAN

TO PLACE THEIR MONEY IN THE TAX PARADISE


The global survey of "Panama Papers" has enabled states to recover more than one billion euros recovered by 22 countries through Panama Paper. The release by the international press of the scandal of the Panama Papers, a vast system of tax evasion orchestrated by a law firm.

Three years after the Panama Papers scandal, the 22 states involved in this spateful tax evasion scandal have so far managed to recover $ 1.2 billion, the investigative consortium behind the revelations said on Wednesday.

This vast investigation of tax evasion was conducted three years ago by 100 editors under the leadership of the Consortium of Investigative Journalists.

More than a billion euros have been recovered by states around the world from tax evaders, based on the revelations of "Panama Papers" published in April 2016, including 120 million euros by the French tax authorities, learned the International Consortium of Investigative Journalists (ICIJ) and its partner media, including Le Monde in France.

Three years after the ICIJ undertook a review of the money recovered at this stage by the various tax administrations. To do this, he asked his media partners, including Le Monde and the German daily Süddeutsche Zeitung, to retrieve data from the "Panama Papers".

A figure all in all that seems pretty low : 1.06 billion euros recovered by the tax authorities in taxes due and penalties against the hundreds of billions of euros lost each year by the international community, because of fraud tax and paravents offered to fraudsters by tax havens (bank accounts attached to front companies, men of straw, trusts, foundations, etc.), it is little it is true.

However, does this investigation not reflect the willingness of States to stop it ?

In this international treasure hunt to flush out fraudsters, France has triggered more than 500 tax audits based on the "Panama Papers" since August 2016, and identified 415 potential fraudsters.

While the hexagon has collected nearly 120 million euros of recovery, in "rights and penalties", the British tax collects from fraudsters 252 million dollars, Australia 92 million. German investigators repatriated $ 183 million to the tax authorities.

The German newspaper Süddeutsche Zeitung, which first published the results of this survey, points out that "The Panama Papers will not only have allowed governments to recover hidden funds [...], they will also have allowed, in the longer term , to change the behavior and attitude of citizens, "welcomes the consortium in this progress report.

And yet nearly 20% of our compatriots still say that they would gladly join the ranks of tax evaders if their financial situation allowed. In any case, it is the conclusion of an Odoxa survey conducted in the wake of the Panama Papers scandal.

For proof the effects of a state-Wolverine to Holland.

A founders of Mossack Fonseca.

"It's an attack on Panama because many countries do not like us to be very competitive in attracting companies."

"There are two ways to see the world: the first is to be competitive and the second to create taxes,"he said, adding that "there is a war between open countries, like Panama., and the countries that tax their businesses and their citizens more and more ".

Distinguished Presidents it deserves a reflection !

In a France out of breath !



Joanne Courbet for DayNewsWorld.