Paradise Papers
The Paradise Papers refer to a massive leak of financial documents that occurred in November 2017. These documents, totaling about 13.4 million files, revealed how wealthy individuals and corporations use offshore tax havens to minimize their tax liabilities. The leak originated from the offshore law firm Appleby and other financial service providers, exposing the intricate web of global finance.
The investigation into the Paradise Papers was conducted by the International Consortium of Investigative Journalists (ICIJ), along with various media partners. It highlighted the practices of high-profile figures, including politicians and celebrities, and raised questions about tax avoidance and the ethics of using offshore accounts for financial gain.