As Reported on MSM.com Wednesday 11 September, The trial of 27 people connected with the
Panama Papers tax evasion scandal began in a Panamanian criminal court on Monday, some eight years after the revelations first emerged.
Among the defendants are German-born Jürgen Mossack, and Ramon Fonseca, the co-founders of a Panama-based law firm that was at the center of the document leak in 2016.
Mossack, Fonseca and other former employees of the law firm are facing money laundering charges based on allegations the law firm set up shell companies in tax havens.
Fonseca has previously said the firm, which closed in 2018, had no control over how its clients might use offshore vehicles created for them.
The collective fortune of the world’s billionaires grew by roughly $10 billion per day during the first month of 2025 as billionaire Donald Trump took office in the United States, ushering in an administration
Despite Governor Ferguson’s hemming and hawing, state lawmakers are advancing a wealth tax that could raise billions to fully fund public schools and avert a budget crisis.President and convicted
The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency
The EU carbon border adjustment mechanism, or CBAM, represents a significant step in global efforts to address climate change. It’s been introduced in a transitional phase which started on Oct. 1,