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Panama Papers enable tax authorities worldwide to recoup US$ 500 million

Tuesday, January 2nd 2018 - 11:13 UTC
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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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  • :o))

    REF: “recoup US$ 500 million”:

    Looks like a typographical error!

    Isn't it: “recoup US$ 500 Trillion” in reality?

    Jan 03rd, 2018 - 04:41 pm - Link - Report abuse 0

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