Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Pandora papers: Why are HNIs moving significant assets abroad? -Ajit Ranade    </title>
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    <h1 class="cat-box-title">Pandora papers: Why are HNIs moving significant assets abroad? -Ajit Ranade</h1>
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		 Published on</span><span class="text-date"> Oct 11, 2021</span>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>The Pandora Papers raise issues that need serious introspection. Even if the wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their wealth is not secure in India?</em></p><p style="text-align:justify">What is different about the Pandora Papers from the earlier Panama Papers leaks, revealed by ICIJ five years ago? Unlike the Panama papers which were leaks from a single source, a law firm called Mossack Fonseca, the Pandora Papers are sourced from 14 different providers, whose identity has been concealed. It is a much more comprehensive picture of how the wealthy shift their wealth across tax jurisdictions, possibly to evade taxes or to have a system of &ldquo;more efficient tax planning&rdquo;. The distinction between evasion and planning quite thin.</p><p style="text-align:justify">The International Consortium of Investigative Journalists (ICIJ) leaks (the Pandora Papers is the seventh major one, the earlier ones being Panama and Paradise) put the spotlight on the role of tax havens and the service they pro-vide to the global wealthy elite to escape taxation and scrutiny in their home country.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis" title="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis">click here</a> to read more.</p>                                                           
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    <h1 class="cat-box-title">Pandora papers: Why are HNIs moving significant assets abroad? -Ajit Ranade</h1>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>The Pandora Papers raise issues that need serious introspection. Even if the wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their wealth is not secure in India?</em></p><p style="text-align:justify">What is different about the Pandora Papers from the earlier Panama Papers leaks, revealed by ICIJ five years ago? Unlike the Panama papers which were leaks from a single source, a law firm called Mossack Fonseca, the Pandora Papers are sourced from 14 different providers, whose identity has been concealed. It is a much more comprehensive picture of how the wealthy shift their wealth across tax jurisdictions, possibly to evade taxes or to have a system of &ldquo;more efficient tax planning&rdquo;. The distinction between evasion and planning quite thin.</p><p style="text-align:justify">The International Consortium of Investigative Journalists (ICIJ) leaks (the Pandora Papers is the seventh major one, the earlier ones being Panama and Paradise) put the spotlight on the role of tax havens and the service they pro-vide to the global wealthy elite to escape taxation and scrutiny in their home country.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis" title="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Pandora papers: Why are HNIs moving significant assets abroad? -Ajit Ranade    </title>
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The Pandora Papers raise issues that need serious introspection. Even if the wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their wealth is not secure in India?

What is different about the..."/>
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                            <p style="text-align:justify">-National Herald</p><p style="text-align:justify"><em>The Pandora Papers raise issues that need serious introspection. Even if the wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their wealth is not secure in India?</em></p><p style="text-align:justify">What is different about the Pandora Papers from the earlier Panama Papers leaks, revealed by ICIJ five years ago? Unlike the Panama papers which were leaks from a single source, a law firm called Mossack Fonseca, the Pandora Papers are sourced from 14 different providers, whose identity has been concealed. It is a much more comprehensive picture of how the wealthy shift their wealth across tax jurisdictions, possibly to evade taxes or to have a system of &ldquo;more efficient tax planning&rdquo;. The distinction between evasion and planning quite thin.</p><p style="text-align:justify">The International Consortium of Investigative Journalists (ICIJ) leaks (the Pandora Papers is the seventh major one, the earlier ones being Panama and Paradise) put the spotlight on the role of tax havens and the service they pro-vide to the global wealthy elite to escape taxation and scrutiny in their home country.</p><p style="text-align:justify">Please <a href="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis" title="https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis">click here</a> to read more.</p>                                                           
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Pandora papers: Why are HNIs moving significant assets abroad? -Ajit Ranade

Published on Oct 11, 2021   Modified on Oct 13, 2021

-National Herald The Pandora Papers raise issues that need serious introspection. Even if the wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their wealth is not secure in India? What is different about the Pandora Papers from the earlier Panama Papers leaks, revealed by ICIJ five years ago? Unlike the Panama papers which were leaks from a single source, a law firm called Mossack Fonseca, the Pandora Papers are sourced from 14 different providers, whose identity has been concealed. It is a much more comprehensive picture of how the wealthy shift their wealth across tax jurisdictions, possibly to evade taxes or to have a system of “more efficient tax planning”. The distinction between evasion and planning quite thin. The International Consortium of Investigative Journalists (ICIJ) leaks (the Pandora Papers is the seventh major one, the earlier ones being Panama and Paradise) put the spotlight on the role of tax havens and the service they pro-vide to the global wealthy elite to escape taxation and scrutiny in their home country. Please click here to read more.

National Herald, 11 October, 2021, https://www.nationalheraldindia.com/economy/pandora-papers-why-are-hnis-moving-significant-assets-abroad?fbclid=IwAR2H4kDIF2uSzpWShQEWedbmTfFCKZPr_CAo1vmJhnr60rndI_cPjb1_yis

Tagged with: Pandora Papers Mossack Fonseca Panama Papers Tax Planning Tax Evasion Paradise Papers High Net Worth Individuals wealth tax International Consortium of Investigative Journalists ICIJ Base Erosion and Profit Shifting BEPS G20 G-20 Global Minimum Corporate Tax

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