Currently, there’s a growing clamor to put an end to the financial secrecy that enables many prominent personalities to hide their wealth from tax authorities. The outcry is a result of the report released last October 03, 2021 (Sunday) by the International Consortium of Investigative Journalists (ICIJ) that exposed how the world’s richest people, prominent public officials and other well-known personalities used offshore investments to dodge payment of billions of taxes over the past twenty-five years or so. Dubbed as the “Pandora Papers,” the expose` also pointed to the tax havens and wealth managers as the enablers of the tax …
Month: October 2021
Banking and Finance Law
Cash drives the world as we know it These days cash is considerably more than simply a method for installment. Control, force, and glory are just a piece of the achievements accomplished thereby. As ahead of schedule as the fourteenth century, rich families and banks acquired colossal political impact because of their moneylending organizations. Indeed, even today, banking is one of the most beneficial and persuasive areas in business life. The whole market relies upon the choices of the national banks. It isn’t predictable that the present circumstance will change sooner rather than later. In any case, turning into a …