South Korea – EAEU FTA background

On Saturday of September 3, President Park Geun-hye voiced her support for a free trade agreement between South Korea and the Eurasian Economic Union (EAEU). The Eurasian Economic Union, consisting of five different nations including Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan, make up for a substantial level of Gross Domestic Product that is integrated with the…

The Future of Tax Cheating

That man in the picture above is John Koskinen, the commissioner of one of the most hated governmental agencies in the United States: The Internal Revenue Service (IRS). Why? Well, first off, the US tax code is unnecessarily complex and esoteric, so the IRS – though they had absolutely nothing to do with the enactment…

After the Papers

It has been around five months since the International Consortium of Investigative Journalists (ICIJ) published major portions of the Panama Papers on its website. It was clear from the beginning that, whoever the leaker may be, the motivation behind the leak was to unveil the dark secrets behind the complex workings and transactions of offshore firms…

Panama Papers: The Lessons We Must Learn

Surreptitious in nature and home to many of the world’s wealthiest corporations, tax havens have recently been shone under the spotlight of news media outlets thanks to the efforts of Vermont senator Bernie Sanders and the infamous “Panama Papers” leak in mid-2016. The “Panama Papers” was an unprecedented leak conducted by an unknown source who supplied 2.6…