April 6, 2016

Voice of America: Why So Few Americans Named in Panama Papers?

media mention

 

“If your goal is secrecy and not having prying eyes find out even the most basic things about what you’re doing and what your company is and who owns it, Wyoming and Nevada are incredibly attractive places from that secrecy perspective,” Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a research organization, told USA Today.
“These companies are using mechanisms that are precisely designed to avoid prosecution, to avoid discovery,” he told the newspaper Wednesday. “Shell corporations are very effective for conduits for avoiding the law, for whatever purpose.”

“If your goal is secrecy and not having prying eyes find out even the most basic things about what you’re doing and what your company is and who owns it, Wyoming and Nevada are incredibly attractive places from that secrecy perspective,” Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a research organization, told USA Today.

“These companies are using mechanisms that are precisely designed to avoid prosecution, to avoid discovery,” he told the newspaper Wednesday. “Shell corporations are very effective for conduits for avoiding the law, for whatever purpose.”

 

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