On June 21st the European Parliament held a public hearing, “Lessons Learnt from the Paradise Papers”. The first panel in the hearing explored developments since the leak of the Panama Papers, with Lucia Flores (COFFERS and Utrecht) providing input together with experts from the OECD and International Consortium of Investigative Journalists.
The hearing was interested in the work of COFFERS project and its future impact. There were specific questions on areas including the concept of Global Wealth Chains (CBS) the role of academia in research on, and the development of tax avoidance schemes, bearer shares (TJN), the quantification of how much tax money is evaded and how much money is laundered across the EU (UU) and specific tax evasion/avoidance schemes being researched within COFFERS.
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