Shakira and Elton John named in Pandora Papers leak
The pair are among the prominent people named in the private financial transaction data dump, which exposes offshore investments, among other tax evasion measures.
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Shakira, Elton John and Ringo Starr are among the big names featured in the leaked tax shelter documents known as Pandora Papers.
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The trio join former British Prime Minister Tony Blair, singer Julio Iglesias and German model Claudia Schiffer, among the figures cited in the private financial transactions data dump, which exposes offshore investments, among other evasion measures. fiscal.
The leak was published by several news outlets, including The Guardian and The Washington Post, during the weekend.
Australian and UK tax authorities have confirmed they will investigate documents, released by the International Consortium of Investigative Journalists (ICIJ), with the aim of looking for any potential violations of tax law.
Nothing in the documents suggests that any of the celebrities or world leaders named broke any laws.
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British Chancellor of the Exchequer Rishi Sunak confirmed his department was reviewing the leaked information, telling Sky News: “We will review it to see if there is anything we can learn.”
Shakira’s lawyer was quick to respond to the leak, telling the ICIJ that her client denies any wrongdoing and insists she has declared her companies in the Bahamas, saying they do not provide tax advantages. Representatives for Schiffer also claim the fashion star pays her taxes in the UK, where she is based, according to Billboard.
Shakira is already facing a possible tax evasion case in Spain after lawmakers recommended that she stand trial over allegations she did not pay $ 16.84 million in income tax earned between 2012 and 2014.
The Pandora Papers leak comes five years after ICIJ journalists unearthed the Panama Papers in 2016, which inspired Steven Soderbergh’s Netflix film The Laundromat, starring Gary Oldman and Antonio Banderas as co-founders by Mossack Fonseca, Jurgen Mossack and Ramon Fonseca. A data dump from their Panama-based law firm was responsible for the leak.