Business In The News International

Paradise Papers help to raise pressure on tax havens

BERLIN, Nov 6– Germany welcomes the revelations
in leaked offshore investment documents as an important
contribution to creating transparency and fighting tax avoidance
at an international level, a government spokesman said on



“For the German government, I’d like to say that this
publication and the work done by media is welcome because it
sheds light on the structure, actors and beneficiaries of
parallel tax worlds,” spokesman Steffen Seibert said.



“They support what is important for us, namely the
transparency process at the international level, and they create
pressure on those countries that block this process,” he added.



A Finance Ministry spokesman said it would be helpful to
German tax authorities if the documents, dubbed Paradise Papers,
were made available to them. An Interior Ministry spokesman
said the police should be able to see them too.



The data was obtained by Germany’s Sueddeutsche Zeitung
newspaper and shared with the International Consortium of
Investigative Journalists (ICIJ) and some media outlets. Reuters
has not independently verified the documents.



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