More than US$500 million has been recouped by tax authorities worldwide after the Panama Papers revelations, first published in April 2016. Spain alone collected US$122 million after an investigation into the affairs of tax residents who had stockpiled money offshore. Among the countries represented in the Panama Papers data, a total of 15 – on three continents – have publicly commented on the amount of taxes recovered by tax authorities. Read full article
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REF: recoup US$ 500 million:Jan 03rd, 2018 - 04:41 pm - Link - Report abuse 0
Looks like a typographical error!
Isn't it: recoup US$ 500 Trillion in reality?