Despite a number of measures to combat constructions in tax shelters, people – including at least 1,217 Belgians – continue to use them.
This was shown by the ‘Pandora Papers’, a new investigation by the International Consortium of Investigative Journalists, based on documents leaked from 14 offices that set of these constructions in tax shelters.
With more than 11.9 million files on letterbox companies in notorious tax havens and reportedly 2.94 terabytes of confidential data, the documents opened a Pandora’s box.
According to the media involved in the case, at least 35 current and former world leaders feature in the investigation, as well as famous pop singer Shakira, pop legend Elton John and ex-model Claudia Schiffer.
The names of the Belgians on the list were not revealed, but it reportedly includes a crime writer, a surgeon, a professor, a mental coach, the owner of an investment guide, a Brussels rapper, a former first-class football player, a radio host, the manager of a gambling company, a convicted hashish dealer and even a young bitcoin millionaire.
A more thorough explanation of the ‘Pandora Papers’ can be found here.
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