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In reply to the discussion: Emma Watson named in Panama Papers [View all]w4rma
(31,700 posts)Finally: A reason to care about the Panama Papers leakattractive people you know from your teevee screen.
Actress Emma Watson has turned up in the Panama Papers, now available as a searchable database, as the owner of a British Virgin Islands company called Falling Leaves Ltd. Her spokesperson said shed set up the offshore account for privacy.
UK companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available, the spokesperson said.
Offshore companies do not publish these shareholder details. Emma receives absolutely no tax or monetary advantages from this offshore company whatsoeveronly privacy.
According to The Times, Watson used the anonymous holding company to purchase a £2.8 million ($4 million) home in London. Shed have been better off staying at 12 Grimmauld Place!
http://gawker.com/emma-watson-named-in-panama-papers-leak-1775984390