Panama Papers law firm boss sees tax shelter boom in US
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Panama Papers law firm boss sees tax shelter boom in US

PANAMA CITY: The co-founder of the law firm at the center of the Panama Papers scandal says the fallout has set off a thriving boom in the creation of tax shelters in the United States. Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained Thursday by AFP that after the Panama Papers leak a year ago, the number of new tax shelters created has fallen by 30 percent in Panama and elsewhere. However, jurisdictions such as D

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