Over the past decade, Amazon, Facebook, Microsoft, Netflix, Apple, and Google have been at the cutting edge of corporate tax avoidance.
The bill would give huge tax breaks to the superrich and reward corporations hoarding assets abroad, just like those implicated in the latest massive leak.
13.4 million documents were leaked that expose offshore banking activities of more than 120 politicians worldwide.
A vast new trove of leaked documents dubbed the Paradise Papers have been published by exposing the offshore banking activities of more than 120 politicians around the world.
The Spanish tax agency is demanding heavy fines and prison sentences of almost two years for Lionel Messi and his father Jorge.
Mossack Fonseca said in a statement that the closures in Jersey, Isle of Man, and Gibraltar were part of a company strategy to "consolidate our service office network."
Anyone can now trawl through the names of more than 200,000 offshore companies, all of which were incorporated in far-flung tax havens.
Sigmundur David Gunnlaugsson may have resigned following the Panama Papers scandal, but that won't make any difference in the grand scheme of things.