Upcoming Events

International | Crime and Justice

no events match your query!

Blog Feeds

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Public Services Card: Some still forced to comply

offsite link Catholic Church: Dark influence still active Anthony

offsite link Tom Parlon launches new career in comedy Anthony

offsite link Presumption of innocence does not universally apply in Ireland Anthony

offsite link The poor standard of Irish political journalism Anthony

Public Inquiry >>

NAMA Wine Lake

offsite link Test ? 12 November 2018 Mon Nov 12, 2018 14:28 | namawinelake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

NAMA Wine Lake >>

Poor Countries Lose Billions from Tax Avoidance, Reveal "Mauritius Leaks"

category international | crime and justice | press release author Tuesday July 23, 2019 21:21author by Kate Zeller Report this post to the editors

The International Consortium of Investigative Journalists (ICIJ) released evidence that laws in the country of Mauritius help corporations avoid taxes globally, including on the continent of Africa.

Washington DC - The International Consortium of Investigative Journalists (ICIJ) released evidence that laws in the country of Mauritius help corporations avoid taxes globally, including on the continent of Africa.

"The Mauritius story is another window into how poor countries are losing billions of dollars a year because of a complex, yet legal web of tax treaties and shell corporations," stated Eric LeCompte, a United Nations finance expert and head of the religious development group Jubilee USA Network. "Developing countries are losing vital monies to fight poverty and build infrastructure because of this behavior that avoids paying taxes."

At the heart of the ICIJ investigation is the law firm of Conyers Dill and Pearman with offices in Bermuda, Hong Kong, the Cayman Islands and Mauritius. More than 200,000 leaked Conyers Dill and Pearman legal documents were anonymously sent to the investigative journalists and detailed how corporations use Mauritius to avoid paying taxes. Previously, similar investigations dubbed the "Panama Papers" and the "Paradise Papers" were performed by the ICIJ exposing similar tax avoidance and evasion processes.

"While much of this behavior is legal, it is still immoral," noted LeCompte. "For poor countries to be able to meet the Sustainable Development Goals, we need to eliminate this type of tax avoidance revenue loss."

Related Link: https://www.jubileeusa.org/mauritius_leaks_pr
© 2001-2019 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy