the socalled pandora papers includes almost million documents revealing alleged taxe avoidance hidden wealth and money laundering by the likes of the king of jordan and russian president vladimir putin -- the socalled pandora papers includes almost million documents revealing alleged taxe avoidance hidden wealth and money laundering by some of the worldʼs richest and most powerful -- a network of offshore companies in the british virgin islands and other taxe havens were used by abdullah ii bin alhussein to buy homes since he came to power in reports the bbc -- and it all comes with the yearold accused of imposing austerity measures and taxe rises on his people -- how do offshore taxe havens work -- instead they tend to based in offshore financial centres or taxe haven such as panama dubai monaco switzerland and the cayman -- these countries have very secretive banking services and low or even nonexistent taxe on financial transactions -- in addition some would argue making income more taxe efficient is unethical -- world news taxe