Thursday, September 8, 2016 Denmark agrees to buy leaked tax data from ‘Panama Papers’ sourceIn bid to fight tax evasion, parliament approves purchase of documents to reveal offshore fundsCOPENHAGEN — Denmark revealed yesterday it will buy leaked data stolen from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, in a new battle to tackle tax evasion. Reports suggested the government had paid up to US$1 million for the data, though that number could not be confirmed. It’s unclear whether Denmark is the first country to have bought or accessed the leaked data beyond what was made public. Lauritzen said the data cost a single-digit million kroner, where one million kroner is equivalent to US$150,000. Finally, it shows that Owners, Fleg and Socma Americana are part of a triad under which there is the same economic reality, beyond the corporate veil.”Herald with AP

Source: Bueno Aires Herald September 08, 2016 02:48 UTC