US Opinion and Commentary

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Don’t Blame Panama. Tax Evasion Is a Global Problem

Posted April 11th, 2016 at 10:27 am (UTC-4)
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Panama does not deserve to be singled out on an issue that plagues many countries. But we are willing to accept the responsibility for fixing it, in part because greater transparency is ultimately a continuation of reforms we have recently undertaken. The world must tackle this problem…and Panama stands ready to lead the way.

‘Panama Papers’ Blockbusters Make Waves Abroad, but Secret Money Is a U.S. Problem too

Posted April 6th, 2016 at 3:20 pm (UTC-4)
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Nevada, Wyoming and South Dakota have all passed laws making it easier to set up shell companies — and harder to identify the real owners. Bankers say that has actually prompted a flow of foreign assets from traditional tax havens such as Zurich and Bermuda to less elegant banking centers like Reno and Sioux Falls.