Who leaked the Panama papers?

John Doe is the pseudonym used by the whistleblower in the 2016 Panama Papers leak, who turned over 11.5 million documents from the law firm Mossack Fonseca to the newspaper Süddeutsche Zeitung.

How many Americans are in Panama papers?

More than 2,000 Americans have been revealed to have availed themselves of the tax refuge services of the Panamanian law firm Mossack Fonseca. With so much talk of inequality in the presidential race, why has there been so little discussion about this?

Did anything happen after the Panama papers?

Mossack Fonseca announced its closure in 2018; over a billion dollars has been recovered and numerous countries have launched their own investigations into the scandal. Many of the individuals exposed of wrongdoing have been held to account and in many cases forced to resign from their various posts.

What is the difference between Panama papers and Paradise papers?

How are Paradise Papers different from Panama Papers? The Paradise Papers leak of files amounting to 1.4 TB has exposed offshore dealings of 127 public officials and several corporations. Notably, the Panama Papers exposed 37,000 files on India whereas the Paradise Papers revealed 66,000 India-related files.

Is Panama a tax haven?

key takeaways. Panama’s legal and tax structures make it a pure tax haven. Panama imposes no income, corporate, capital gains, or estate taxes on offshore entities that only engage in business outside of the jurisdiction. Offshore companies can engage in business locally—a rare perk—but will pay local taxes as a result …

How many names are there in Panama papers?

Named in the leak were 12 current or former world leaders; 128 other public officials and politicians; and hundreds of celebrities, businessmen, and other wealthy individuals of over 200 countries.

Are Panama and Pandora papers the same?

While the Panama Papers was based on the files of a single offshore services provider, the Pandora Papers records come from 14. The Pandora Papers also connected offshore activity to more than twice as many politicians and public officials as did the Panama Papers.

Does Panama tax Social Security?

In Panama, both employers and employees pay social security tax. The employer must contribute 12.25\% and the employee contributes 9.75\%.