Chaired by fiji, the Pacific Island that is already paying the price of rising global temperatures. Get in touch with us using the hashtag. Hello and welcome im katty kay in washington and Christian Fraser is in london. They are the revelations from millions of leaked documents dubbed the Paradise Papers which show how the rich and powerful try to avoid paying taxes. Whether its a Multi National corporation or household names around the world, they are all accused of using tax havens to dodge paying their fair share to tax authorities. The papers were obtained by the german newspaper sud Deutsche Zeitung and shared with the International Consortium of investigativejournalists. Richard bilton, from the bbcs panorama programme, has been poring through the documents heres his special report. When you hear tax haven you might think palm trees. Theyre and not all like that. We have arrived in a little place between belfast and liverpool, this is the isle of man, it is a British Crown depend
Programme they will be. The Paradise Papers show how britains off shore empire helps the rich and powerful dodge tax. You have an non transparent system dodge tax. You have an nontransparent system we do not have a non transparent system. Nontransparent system we do not have a non transparent systemlj cant see it. You dont count. How were all losing out because of it. Every time they close a school in your neighbourhood. Every time they have to close a hospital, a lot of that happens because rich individuals and corporations are not paying theirfair share individuals and corporations are not paying their fair share of the costs of society. We expose the british tax havens happy to help people beat the taxman. Will you apologise, if a law was changed here to help tax dodgers . If that has happened as youre stating, yes, i will apologise. Weve found a new tax dodge used by the worlds most Profitable Company. You can see them as this fantastically innovative it company but you can also se
Its 7am in singapore, pm in london, and 3pm its 8am in singapore, midnight in london, and 4pm in california, where bosses at apple, the worlds most profitable company, are watching a new tax controversy unravel. Leaked documents show the tech giant actively sought out tax havens after an irish low tax loophole it used was closed. The company then moved massive amounts of cash offshore to the island ofjersey in a move that wouldve saved it billions of dollars. Although the company has done nothing illegal, it is again under fire from the eu and us over its tax arrangements. It came to light after millions of financial documents, the Paradise Papers, were obtained by the german newspaper, suddeutsche zeitung, and shared with journalists around the world, including a team at the bbc. Simonjack reports. A rapturous reception for the latest iphone. Its the most popular and profitable Consumer Product of all time. Its generated hundreds of billions in profits for apple since it was introduce
Its 9am in singapore. 1am in london and five in the afternoon in california where bosses at apple the worlds most Profitable Company are watching a new tax controversy unravel. Leaked documents show the tech giant actively sought out tax havens after an irish low tax loophole it used was closed. The company then moved massive amounts of cash offshore to the island ofjersey in a move that wouldve saved it billions of dollars. Although the company has done nothing illegal, it is again under fire from the eu and us over its tax arrangements. It came to light after millions of financial documents the Paradise Papers were obtained by the german newspaper, sud Deutsche Zeitung and shared with journalists around the world including a team at the bbc. Simonjack reports. A rapturous reception for the latest iphone. Its the most popular and profitable Consumer Product of all time. Its generated hundreds of billions in profits for apple since it was introduced ten years ago. What these papers sho
Apple, are watching a new tax controversy unravel. Leaked documents show the tech giant actively sought out tax havens after an irish low tax loophole it used was closed. The company then moved massive amounts of cash offshore to the island ofjersey in a move that wouldve saved it billions of dollars. Although the company has done nothing illegal, it is again under fire from the eu and us over its tax arrangements. It came to light after millions of financial documents, the Paradise Papers, were obtained by the german newspaper, suddeutsche zeitung, and shared with journalists around the world including a team at the bbc. Simonjack reports. A rapturous reception for the latest iphone. Its the most popular and profitable Consumer Product of all time. Its generated hundreds of billions in profits for apple since it was introduced ten years ago. What these papers show is just how determined apple has been to keep the tax on those profits as low as possible. And how keen some governments,