CBF has Solidaridad had a conversation about the choice to use a letterbox company in Panama. The organization does through a foundation in Panama payments to subsidiary organizations in Central and South America. Solidaridad pays as taxes on international transactions
“It’s not easy to translate national rules around such as financial accountability and control in an international context,” says director Roline Savage CBF.
“it is good to strive for the most efficient structure within socially acceptable limits. We believe it is crucial that charities organizations communicate clearly on the chosen construction and the choices they make here.”
clear explanation
Solidaridad CBF pledged to place a clear explanation of the structure and the thoughts behind it on the website. The organization was involved in the Netherlands with the creation of several sustainable labels for coffee, clothes and chocolate. The main purpose of Solidaridad is to fight poverty in Latin America, Africa and Asia
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The organization Saturday presents itself in a statement that “in the office in Panama simply no activities are developed on which tax has to be paid. Differences in tax regimes have also been a consideration in the choice of location.” A legal entity established in Panama for the start of a Latin American branch of Solidariad, says the organization.
tax haven
The contacts with the consulting firm Mossack Fonseca, which is under fire since the revelations of the Panama Papers are well immediately disconnected. Many Dutch SMBs have set up a company via a Panamanian intermediary in a tax haven. It comes to offshore companies, foundations and trusts.
Sure hundred offshore companies are using to link the documents Mossack Fonseca to Dutch
Video:. The biggest names in Panama Papers
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British Prime Minister
the British Prime Minister David Cameron thinks he had better in the controversy surrounding his family finances act than he did. He promised Saturday at a meeting with party members that he will draw lessons.
Cameron was also discredited by the Panama Papers. It said among other things that his father had meanwhile deceased shares in tax havens. The prime minister first said that it was a private matter. Then he said he had no offshore shares to acknowledge Thursday that he before he became prime minister shares sold by the Fund.
‘It was not the best week,’ ‘Cameron concluded. ” I know I should handle this better, I could handle it better. I know that there are lessons to be learned and that I will learn “
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