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MercoPress, en Español

Montevideo, April 19th 2024 - 04:12 UTC

Tag: Panama Papers

  • Sunday, April 24th 2016 - 08:26 UTC

    International major effort to cooperate on tax issues and halt evasion and elusion

    The Panama Papers could create a rare moment to break down secrecy, Robert Stack, a US Treasury Department deputy assistant secretary, said in New York.

    The International Monetary Fund and the World Bank are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.

  • Thursday, April 14th 2016 - 02:50 UTC

    Cristina Fernandez back on stage; attacks Macri and his policies and the Judiciary

    ”They can put me in prison, but they can’t silence me,” said Cristina Fernández on Wednesday to a jubilant crowd that had waited most of the morning in the rain

    Argentine ex president Cristina Fernández addressed thousands of militants that rallied outside Buenos Aires City main courthouse building where earlier in the day she testifies on the dollar future probe conducted by a Federal Judge.

  • Tuesday, April 12th 2016 - 09:00 UTC

    Don’t Blame Panama. Tax Evasion Is a Global Problem.

    View of Panama City financial district: Panama does not deserve to be singled out on an issue that plagues many countries

    By Juan Carlos Varela (*) - The following was published by The New York Times in The Opinion Pages. DESPITE their name, the Panama Papers are not mainly about Panama. They are not even primarily concerned with Panamanian companies. The more than 11 million documents, illegally hacked and released last week relating to previously undisclosed “offshore” corporations, is roiling the world with revelations of the vulnerability for rampant abuse of legal financial structures by the wealthy.

  • Saturday, April 9th 2016 - 15:21 UTC

    Argentine judge will certify Macri's assets' statement; president pledges blind trust

    Lawyer Felipe Llerena representing president Macri delivered a writ before the Civil Appeals Court in Buenos Aires.

    Argentine president Mauricio Macri on Friday requested a court to certify his declaration of assets in order to clear up any doubts following the surfacing of his name in a couple of offshore companies, according to the so called Panama Papers. Lawyer Felipe Llerena presented a writ before the Civil Appeals Court in Buenos Aires.

  • Saturday, April 9th 2016 - 14:59 UTC

    Panama Papers: EU warning; questions why no US or German prominent names have surfaced

    “People are fed up with these outrages,” said Pierre Moscovici, who heads financial affairs for the 28-nation EU.

    A European Union official threatened to sanction Panama and other nations if they don’t cooperate fully to fight money laundering and tax evasion, after a leak of data showed the small country remains a key destination for people who want to hide money.

  • Friday, April 8th 2016 - 08:05 UTC

    Cameron finally admits he owned shares in an offshore trust, which he sold in 2010

    On Wednesday, Downing Street issued a statement saying Mr. Cameron his wife and children did not benefit from offshore funds

    British Prime Minister David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The PM has faced questions over Blairmore Holdings, an offshore company set up by his late father, Ian, and finally on Thursday he old ITV News he had paid all UK taxes due on the profits he made from the sale of the shares and said the firm had not been set up to avoid tax.

  • Friday, April 8th 2016 - 05:07 UTC

    MP Rosindell blasts 'direct rule' for BOTs as 'unnecessary and unjust'

    “I feel it would be both unnecessary and unjust to impose direct rule and force BOTs to raise their tax rates”, and leaving other nations and their OTs untouched.

    A UK member of Parliament has come out strongly in support of the British Overseas Territories praising their economic success and the right of their peoples to govern and decide their own future. MP Andrew Rosindell, Chairman of the BOT and Crown Dependencies all party Parliamentary groups described suggestions from some senior figures in Westminster calling for 'direct rule' over BOT's as unnecessary and unjust, based on a complete misunderstanding of the situation.

  • Thursday, April 7th 2016 - 09:52 UTC

    Uruguay's Damiani has resigned from FIFA's Ethics committee

    “We can confirm that Mr. Damiani resigned from his position as member of the adjudicatory chamber of the independent Ethics Committee of FIFA”

    Uruguay's Juan Pedro Damiani has resigned from FIFA's ethics committee after the Panama Papers showed his law firm acted as an intermediary for a disgraced FIFA official.“We can confirm that Mr. Damiani resigned from his position as member of the adjudicatory chamber of the independent Ethics Committee of FIFA,” panel spokesman Marc Tenbuecken reported. The news was advanced by the Uruguayan media.

  • Thursday, April 7th 2016 - 06:52 UTC

    Panama Papers shows shell companies prevail despite G20 announced efforts

    G20 leaders representing 80% of world economy, have vowed to crack down on the practice blamed for helping conceal money laundering, corruption and tax evasion

    The leak of 11 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners, even if they aren’t illegal by themselves.

  • Thursday, April 7th 2016 - 06:34 UTC

    BOTs reaffirm self-governance and self-determination in reply to MP Corbyn's comments

    The head of Labor Jeremy Corbyn called for UK direct rule of BOTs, following revelations from the Panama Papers

    British Overseas Territories said they hoped that the Labour Party and other parties in the UK Parliament will remain consistent in their support for the self-governance and self-determination of the people of the BOTs and their continued growth and development.