What are the Paradise Papers and what is the firm Appleby…

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What is the leak and who is behind the firm Appleby?

The Paradise Papers are the largest leak in history with more than 13.4 million files revealing the workings of the tax haven industry.

Over half of those documents, 6.8 million, emanate from the offshore law firm, Appleby, but the leak also includes roughly half-a-million documents from the Singapore-based Asiaciti Trust and a further 6 million documents from corporate registries located in 19 tax havens.

The cache of documents reveals an industry designed to sell secrecy. It also offers rare insights into the complex offshore structures used by multinationals to minimise their tax bills.

The leaks were obtained by the German newspaper Suddeutsche Zeitung and shared with the International Consortium of Investigative Journalists and over 90 media partners including Four Corners.

The files include emails, bank statements, court documents and client records covering a period of 66 years — from 1950 to 2016

Read more:

http://www.abc.net.au/news/2017-11-06/what-are-the-paradise-papers-and-what-is-the-firm-appleby/9075640

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