'Pandora papers': New leaks reveal how world leaders use offshore companies to dodge millions of dollars in taxes -- RT World News

Contributing sentiments towards policy:

47% : Leaked papers appear to show how some of the world's elites accumulate property empires while avoiding millions in taxes, with reports focusing on European, Middle Eastern and South American leaders, and world-famous celebrities.
47% : However, such mechanisms make it easier to hide ill-gotten gains from the eyes of law enforcement or regulators.
45% : Offshore banking is not illegal, and is often used by the wealthy to avoid taxes, while shell companies are frequently used to distance the rich from their holdings for political reasons or reasons of public image.
41% : "There's never been anything on this scale and it shows the reality of what offshore companies can offer to help people hide dodgy cash or avoid tax," Fergus Shiel of the ICIJ told the BBC.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.