Panama Papers

Operating largely under the radar, the United States has become the world's biggest tax haven.

Japan was looking to hammer out a new fiscal package in the coming months, but its push for joint global fiscal action was rejected by its more cautious peers.

Pakistani opposition leader Imran Khan, who tried to oust Prime Minister Nawaz Sharif in a row over offshore wealth, has acknowledged using an offshore company to avoid paying British tax on a London property sale. Analysts say the admission is likely to ease the pressure ...

Countries from Britain to Afghanistan pledged on Thursday to set up public registers of company ownership in a collective effort to make it harder to launder the proceeds of corruption around the globe. U.K. Prime Minister David Cameron announced the measure at the start of ...

Australian Prime Minister Malcolm Turnbull on Thursday denied any wrongdoing after being been named in the Panama Papers as a former director of a British Virgin Islands company set up to exploit a Siberian gold prospect. Turnbull and former New South Wales Premier Neville Wran ...

Rakuten chief Hiroshi Mikitani apparently owns part of a company in an offshore tax haven named in the Panama Papers data leak but denies trying to avoid taxes.

New Zealand is at the heart of a tangled web of shelf companies and trusts that are being used by wealthy Latin Americans to channel funds around the world, according to a report on Monday based on the so-called Panama Papers data leak. Local media ...

The person who claims to have disclosed the Panama Papers, a trove of financial data that has implicated politicians and business leaders around the world in large-scale tax evasion, issued a statement Friday explaining the motives behind the massive leak. The leaker said the documents ...

Earlier this month, major banks in the territory suddenly stopped accepting applications to open accounts, says one financial consultant.