On the Isle of Man, cats don't have tails and letterbox firms don't have letterboxes. The island seems to have a unique business model, too: It acts like a tax haven while pretending it's unaware of doing so.
The Paradise Papers show how EU member states use fiscal trickery to deny their neighbors much-needed tax revenues. This is at least as damaging to EU cohesion as the nationalism and lack of solidarity displayed when it comes to redistributing refugees.
For many decades, Mauritians made a living farming sugarcane. But that was before their country became a paradise – for vacationers and for people who don’t like paying taxes. Officials don’t seem too bothered by the dubious origins of the latter.
International sanctions can be ruinous for business. That is, unless your name is Arkady Rotenberg, you’re a close friend of Vladimir Putin and you have a resourceful law firm like Appleby working for you.
Kofi Annan served for 10 years as secretary-general of the United Nations. In the time since, he has dedicated himself to the fight against tax evasion and the looting of Africa. It’s a tough battle against multinational corporations and greedy leaders.