Latest Breaking News
Showing Original Post only (View all)Emma Watson named in Panama Papers [View all]
Source: USA Today via msn.com
Emma Watson, the Harry Potter actress-turned-liberal activist, has been named in the Panama Papers.
But it's no big deal, she says, because having an offshore company or account is not illegal or unethical. But it is private. Or it was supposed to be.
"Emma (like many high-profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety," said a statement issued by her representatives Tuesday. "Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever only privacy.
The Panama Papers, in case you've forgotten already, are a cache of more than 11 million confidential documents from a Panama law firm leaked to and published online last month by an international consortium of journalists who have been busy combing the database for details on how rich, famous and powerful people hide their wealth in offshore accounts and tax havens.
Read more: http://www.msn.com/en-us/movies/celebrity/emma-watson-named-in-panama-papers/ar-BBsT6CI?li=BBnbfcL
Conservatives and liberals alike will be caught in this. They probably use the same accounting firms.