Tagged: Paradise Papers

BLOG: Paradise Papers And Beyond: Big Alcohol Big In Tax Schemes

What the Paradise Papers show is that alcohol industry executives think they are above the law. These new leaks show that the alcohol industry is ruthlessly externalizing costs to take home windfall profits, and deliberately scheming to avoid taxation.
It means is that Big Alcohol is leaving societies around the world completely alone with the massive costs from the damage their products cause. In the end, these practices undermine the very fabric and functioning of our societies. When domestic resource mobilization is undermined on this scale and this mercilessly important government functions like providing prevention and treatment for alcohol harm cannot be delivered to the people who need them the most.
In that sense, the leaks reveal more than concrete examples of unethical and anti-social business practices. The leaks also reveal the true face of a rogue industry…