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Under the spotlight

7 September 2016

In the wake of the Panama Papers scandal, León Fernando del Canto reviews the steps being taken by the EU to combat tax evasion and the use of offshore havens

Tax evasion is a key issue for global citizens and is naturally top of the agenda for
tax authorities and officials. Fuelled by public opinion now more than ever, banks and professionals are under fire due to the exposure of many public figures involved in tax evasion, who are unintentionally becoming the featured stars in the media circus. The Panama Papers leak, along with the law firm behind the scandal, Mossack Fonseca, occupied the cover pages for weeks in newspapers around the world.

Following the WikiLeaks scandal, the Panama Papers was one of the top stories dominating
social media and the traditional news outlets, pushing politicians towards transparency and, in this case, raising the profile of the problem of offshore tax havens.

That sa...

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