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Date Fairness.com Resource Read it at:
Jun 05, 2016 Panama Papers Show How Rich United States Clients Hid Millions Abroad

QUOTE: These transactions and others like them for a stable of wealthy clients from the United States are outlined in extraordinary detail in the trove of internal Mossack Fonseca documents known as the Panama Papers. The materials were obtained by the German newspaper Süddeutsche Zeitung and the International Consortium of Investigative Journalists, and have now been shared with The New York Times. In recent weeks, the papers’ revelations about Mossack Fonseca’s international clientele have shaken the financial world. The Times’s examination of the files found that Mossack Fonseca also had at least 2,400 United States-based clients over the past decade, and set up at least 2,800 companies on their behalf in the British Virgin Islands, Panama, the Seychelles and other jurisdictions that specialize in helping hide wealth.

New York Times
May 29, 2014 Why US companies can earn $51 billion in the Cayman Islands even though its GDP is only $3 billion

QUOTE: The foreign subsidiaries of US corporations made $94 billion in Bermuda in 2010, the latest year we have data for. That’s incredible work, since only $6 billion of goods and services were produced on the island that year. What does that tell us? It tells us that something fishy is going on.

Quartz
Aug 01, 2012 Where the Money Lives

QUOTE: For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.

Vanity Fair
Jul 21, 2012 £13tn: hoard hidden from taxman by global elite • Study estimates staggering size of offshore economy • Private banks help wealthiest to move cash into havens

QUOTE: "The problem here is that the assets of these countries are held by a small number of wealthy individuals while the debts are shouldered by the ordinary people of these countries through their governments," the report says

Guardian Unlimited
Feb 19, 2008 Web Site That Posts Leaked Material Ordered Shut

QUOTE: In a move that legal experts said could present a major test of First Amendment rights in the Internet era, a federal judge in San Francisco on Friday ordered the disabling of a Web site devoted to disclosing confidential information.

New York Times
Apr 04, 2007 Vermont Becomes ‘Offshore’ Insurance Haven

QUOTE: Vermont’s success in attracting insurance captives also highlights the many ways that American corporations are allowed to minimize their tax bills by moving their profits, intellectual property or liabilities to places that provide substantial tax advantages, whether it is a Caribbean island, Ireland or Singapore. And while many states in the United States provide tax breaks and subsidies to companies that move or expand operations in state, the benefits offered by Vermont are much larger.

New York Times