the paradise papers show there are other secrets on this island. we have found evidence that shows just how far the isle of man government has been prepared to go to help tax dodgers. the european savings directive was an attempt to stop tax evasion across europe. we have found evidence that the isle of man changed one of their laws to help people dodge the new tax. now, you might think getting approvalfor something that could help tax evaders would prove difficult, not on the isle of man. we have letters from lawyers to the island's regulator. "if you believe it would be helpful for us to provide you with ideas as to how to amend the regulations, please let simon and myself know". in switzerland, i tracked down the man who drew up that scheme to help tax dodgers. i want to show you something. the one that needed the isle of man to change the law. it's actually changing the laws, the isle of man changing their own laws so this scheme to help tax evaders can work, isn't it? i would agree with you, yes. blimey, that is amazing to me, that's amazing.

we saw the leak of the panama papers, now the paradise papers, did anything change with the mass leak of the panama papers? public perception is rising, politicians are clearly getting more hot under the collar about this issue. i think the fundamental issue issue. i think the fundamental issue is that something needs to be done globally, something needs to be done to stop the ability to move money around the world like this. if you can around the world like this. if you ca n afford around the world like this. if you can afford to move money to places and avoid paying tax, then why not do it. that is what we face right now, we need a complete rethink about how the centres can operate. thank you. gerard ryle is the director of the international consortium of investigativejournalists, he joins me from washington. your organisation is responsible for collating this information discovered. this is one of the biggest leaks of data from an offshore company in history , tell us about how you got it and brought together the journalists around the world who investigated it. we heard from the g

the leak has been called the paradise papers. secret contracts, agreements and deals that we we re contracts, agreements and deals that we were never supposed to see. over the next two nights, panorama will show you the hidden stories. the paradise papers contain some of the biggest names in britain. some at the very heart of the establishment. including one who lives here. our very own queen is investing offshore. the

the massive paradise papers leak is a snapshot of global tax dodging in sixteen million documents most of them out of bermuda big names and big companies are caught once more in a controversy over their finances that's boosting those who want to end tax dodging in the u.k. opposition leader jeremy corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us far attenders gives us safety in our lives and we all have a responsibility to pay for it others have greeted the revelations with a shrug russian officials have pointed to the legality of the transactions in the u.s. commerce secretary wilbur ross said there was nothing improper about his investments in a firm connected to the russian state us president donald trump could even use the leaks to support his plan to slash corporate taxes the reality is more complex however governments like the u.k. and germany say they've been trying to close down loopholes wi

these are scotland's paradise papers. you have been hearing about a leaks it isa you have been hearing about a leaks it is a big one. it is from inside appleby, a law firm with offices in every major tax haven. more than 13 million appleby documents were on taped by the german newspaper whose shared them with the international consortium of investigative journalist, it has been co—ordinating a global investigation which includes bbc panorama, the guardian, and involves more than 350 journalists in 100 country, these are documents that should never have seen are documents that should never have seen the light of day. every person who pays taxes should care about what we are seeing here. we are looking at a firm called appleby and they are part of what they call the magic circle of offshore law firm, the elite of the elite. and there are some big names. lewis hamilton's tax dodge on his private jet. cast members of mrs brown's boys tax avoidance scheme. you can't dismiss this has a few bad quy: you can't dismiss this has

will he come back, more about the paradise papers. stay with us. ♪ [music break] amy: "mirror monster" by deerhoof performing here in our democracy now! studio. to see their full performance and interview, go to democracynow.org. i am amy goodman with juan gonzalez, this is democracy now! juan: we continue to look at money and politics as we turn to new revelations from the paradise papers, a trove of millions of leaked documents on offshore finance that are being reviewed by the international consortium of investigative journalists and their partners. on tuesday, the guardian reported it had found seven republican super-donors in the papers who stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. together, the billionaires pumped more than $350 million into the 2016 election. ofe are well-known backers conservative causes, like casino magnate sheldon adelson and charles and david koch. others have sought to keep their activities out of public view, like warren stephens, the hidden co-owne

the prince and the paradise papers. charles is accused of a conflict of interest with offshore investments in bermuda that stood to gain from his private campaigning. within the past couple of hours president donald trump has addressed the national assembly of south korea and reassured them of the strength of the two countries‘ 60—year old alliance. he contrasted south korea's progress and strong economy with the hunger—filled prison state that he said existed in the north. he again called on pyongyang to give up its nuclear and missile programme, which he said is putting north korea in mortal danger. let's listen to part of that speech. history is filled with discarded regimes that have foolishly tested america's resolve. anyone who doubts the strength of determination of the united states should look to our past and you will doubt it no more. we will not permit america or our allies to be blackmailed or attacked. we will not allow american cities to be threatened with destruction. we will not be intimidated and

the paradise papers show there are other secrets on this island. we have found evidence that shows just how far the isle of man government has been prepared to go to help tax dodgers. the european savings directive was an attempt to stop tax evasion across europe. we have found evidence that the isle of man changed one of their laws to help people dodge the new tax. now, you might think getting approvalfor something that could help tax evaders would prove difficult but not on the isle of man. we have letters from lawyers to the island's regulator. if you believe it would be helpful for us to provide you with ideas as to how to amend the regulations, please let simon and myself know. in switzerland i tracked down the man who drew up that scheme to help tax dodgers. i want to show you something. the one that needed the isle of man to change the law. it's actually changing the laws, the isle of man changing their own laws so this scheme to help tax evaders can work, isn't it? i would agree with you, yes. that is amazing to me, that's amazing. the isle

the headlines at 11:00pm: the latest paradise papers revelations show prince charles campaigned for climate change agreements to be altered without disclosing that his private estate had a financial interest in the reforms. former welsh government minister carl sargeant has been found dead, just days after being sacked over misconduct allegations. pressure mounts on priti patel to resign over herfailure to disclose meetings with senior israeli politicians while on holiday. coming up on newsnight, accidents, arguments, and missteps. in five months of the life of this government, can it last five years at the current controversy rate? good evening and welcome to bbc news. tonight: more questions about how the royal family invest their millions. the latest revelations from the paradise papers, the cache of leaked documents about tax havens, show that prince charles‘s private estate, the duchy of cornwall, secretly invested in an offshore company in which a close friend was a director. that is perfectly legal, but he has been accused of a conflict of interest because he went on to campaign fo

the headlines: the latest revelations from the paradise papers. technology giant apple has been managing billions of dollars offshore to avoid tax, but what they've been doing is not illegal. the formula one champion, lewis hamilton, avoided vat on a luxuryjet he'd bought by registering it in the isle of man. i'm kasia madera in london. also in the programme: the first leg of president trump's asia trip draws to a close. next stop, south korea. we'll be live in seoul. and the priceless 17th century map of australia, which was feared lost forever, is found in an attic. live from our studios in singapore and london, this is bbc world news. it's newsday. good morning. it's 7am in singapore, ”pm in london, and 3pm —— it's 8am in singapore, midnight in london, and 4pm in california, where bosses at apple, the world's most profitable company, are watching a new tax controversy unravel. leaked documents show the tech giant actively sought out tax havens after an irish low—tax loophole it used was closed. the company then moved massive amounts of

when we come back, paradise papers. how to they implicate everyone from the current commerce secretary to the queenen of england? stay with us. ♪ [music break] amy: this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we end today's show with a slew of shocking revelations about how the world's richest men -- ridges people stash away billions of dollars in wealth in offshore tax havens. the revelations, known as the paradise papers, implicate multiple members of president trump's own administration. among them wilbur ross, who continueued to invest in a after rossmpany even became commerce secretary. the shipping company, navigator holdings, is also linked to a russian oligarch subject to u.s. sanctions. the papers also show president trump's secretary of state rex tillerson was the director of a bermuda-incorporated oil and gas company, linked to exxon mobil, which ran a controversial scheme to export tens of millions of barrels of natural gas from the oilfields in w western yemen. tru

the paradise papers show there are other secrets on this island. we have found evidence that shows just how far the isle of man government has been prepared to go to help tax dodgers. the european savings directive was an attempt to stop tax evasion across europe. we have found evidence that the isle of man changed one of their laws to help people dodge the new tax. now, you might think getting approval for something that could help tax evaders would prove difficult but not on the isle of man. "we have letters from lawyers to the island's regulator. "if you believe it would be helpful for us to provide you with ideas as to how to amend the regulations, please let simon and myself know." in switzerland i tracked down the man who drew up that scheme to help tax dodgers. i want to show you something. the one that needed the isle of man to change the law. it's actually changing the laws, the isle of man changing their own laws so this scheme to help tax evaders can work, isn't it? i would agree with you, yes. that is amazing to me, that's amazing. the

the massive paradise papers leak is a snapshot of global tax dodging in sixteen million documents most of them out of bermuda big names and big companies are caught once more in a controversy over their finances that's boosting those who want to end tax dodging in the u.k. opposition leader jeremy corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us fire tenders gives us safety in our lives and we all have a responsibility to pay for it others have greeted the revelations with a shrug russian officials have pointed to the legality of the transactions in the u.s. commerce secretary wilbur ross said there was nothing improper about his investments in a firm connected to the russian state us president donald trump could even use the leaks to support his plan to slash corporate taxes the reality is more complex however governments like the u.k. and germany say they've been trying to close down loopholes wit

it even had its own hashtag, paradise papers. again, viewers feel that in the end, this wasn't the big scoop that you are claiming and the amount of coverage was self—indulgent. people will have to judge that for themselves. i think different viewers will have different views on that. if you take one example, apple, apple is the biggest company in the world, and we've revealed where it places its funding, effectively its wealth, offshore. where did the papers come from? we actually don't know. in one sense, we do. they came from appleby originally, which is this law firm which has offices in these various tax havens. it came into the possession of suddeutsche zeitung, a german newspaper. they then collaborated with the icij, the international consortium of investigativejournalists, and bbc panorama is one of the partners among 100 partners in that consortium. but we don't know how the leak happened. are you comfortable with that? some viewers feel it is unethical for the bbc to publish them. we are. we have taken the decision t

and on newsnight, we will speak with the premiere of bermuda about the paradise papers, interpreting the importance of saudi's weekend of princely arrests and a broadcast interview with donald trump's nemesis, alec baldwin. good evening and welcome to bbc news. we start tonight with new revelations from millions of leaked documents, known as the paradise papers, which show how some corporations and individuals try to avoid paying taxes. the technology giant, apple, has been managing most of its untaxed cash reserve offshore on the channel island ofjersey. it moved the money tojersey after a tax loophole in ireland was closed. although the company has done nothing illegal, its tax arrangements have been criticised by eu and us officials. the paradise papers were obtained by the german newspaper, suddeutsche zeitung, and shared with the international consortium of investigativejournalists, which includes the bbc‘s panorama. our business editor simonjack reports. a rapturous reception for the latest iphone. it's the most popular and profitable consumer product of all time. it's genera

our top story: the latest revelations from the paradise papers. the formula one champion, lewis hamilton, avoided vat on a luxuryjet he'd bought by registering it in the isle of man. donald trump arrives in south korea on the second leg of his marathon asia tour. we'll be live in seoul. and rescued from captivity to breed in the wild. how this endangered species could come back from the brink. the price of oil surges past $61; per barrel following a crackdown on corruption in saudi arabia. crude is up over 40% sincejune. we'll be speaking to an expert to see if this run can continue. a warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and in a bid to drive down absenteeism in school, parents are being told to get a grip and don't keep their children out of schooljust because they have a cough or a cold. are you facing that dilemma this morning? be a part of the conversation. tell us what you think, just use the hashtag: we start with new revelations from the millions of leaked documents known a

plenty more to come from the paradise papers. you can find much more analysis of the paradise papers online — and you can watch panorama: britain's 0ffshore secrets exposed tonight at nine o'clock, on the bbc news channel and bbc one. viewers outside of the uk will be able to watch it this coming weekend on bbc world news, at the times listed on your screen — they are gmt. what does it say about american society when the senseless murder of 26 people, ina church, becomes just another statistic? we have become almost inured to the brutality of mass shootings. the definition of a mass shooting is four or more people killed — and sunday's one in texas brings this year's total to 307 — so far. it may have been something as mundane as a row with his in—laws that led a former air force man to open fire on the church. his mother in law worshipped within the baptist community in sutherland spring and he'd already sent her threatening texts. she wasn't at the service yesterday. from texas james cook reports. yet again it is a ti

more on the paradise papers. we'll hear how how donald trump's commerce secretary has business links with russian allies of president putin who are subject to us sanctions. the israeli prime minister yet sacrae bean, the architect of the middle east peace process, has been assassinated. a 27—year—old jewish man has been arrested and an extremist organisation has claimed responsibility for the killing. at the polling booth to the country they voted an historic day for australia. the result was clear, the monarchy would survive. there was no sign of the hostages, they are being held somewhere inside the compound and student leaders have threatened that if america attempts rescue, they will all die. this has surpassed all expectations, voyager one is the most distant man—made object anywhere in the universe and it seems to keep on going. tonight we proved once more that the true strength of our nation comes not from the scale of our wealth barred from the scale of our wealth barred from the scale of our wealth

the paradise papers give a rare glimpse into the world of offshore finance. ben brown has been looking at what they tell us about the tax secrets of the ultra—rich. yes this is one of the biggest leaks of offshore secrets in history, and it's re—ignited the whole debate about tax havens and whether governments around the world need to crack down on them. there are 13.4 million leaked documents — they've been called the paradise papers because many of the off shore financial centres they involve are in the caribbean. mostly they're from the leading offshore law firm appleby — it says the leak is in fact an ‘illegal computer hack‘. it's important to say tax avoidance is not unlawful — but it is controversial. critics say that inevitably offshore havens promote secrecy; actually though it's only tax evasion that's illegal. well the paradise papers show how world leaders, the super rich and celebrities protect their cash offshore — but how exactly does it work? if you do want to invest your money offshore there are just a few steps to take. step o

the latest revelations from the paradise papers. technology giant apple has been managing billions of dollars offshore to avoid tax, but what they've been doing is not illegal. as america mourns victims of the texas mass shooting, the us air force says it may have failed to flag the gunman‘s criminal past, allowing him to obtain weapons. the us president arrives in south korea — on the second leg of his marathon asia tour. he's set for talks on north korea and its nuclear ambitions. and a century after the russian revolution — we assess how successive soviet leaders shaped the past and the present. bosses at the world's most profitable company — apple — are watching a new tax controversy unravel. leaked documents show the tech giant actively sought out tax havens after an irish low—tax loophole it used was closed. the company then moved massive amounts of cash offshore to the island ofjersey in a move that would've saved it billions of dollars. although the company has done nothing illegal, it is again under fire from th

our top stories: the latest revelations from the paradise papers. technology giant apple has been managing billions of dollars offshore to avoid tax, but what they've been doing is not illegal. america mourns victims of the mass shooting in texas. donald trump says the attacker‘s mental health was the problem, not his guns. the us president bids farewell to japan, the first leg of his marathon asia tour. next stop — south korea. and a century after the russian revolution — we assess how successive soviet leaders shaped the past and the present. bosses at the world's most profitable company — apple — are watching a new tax controversy unravel. leaked documents show the tech giant actively sought out tax havens after an irish low—tax loophole it used was closed. the company then moved massive amounts of cash offshore to the island ofjersey in a move that would've saved it billions of dollars. although the company has done nothing illegal it is again under fire from the eu and us over its tax arrangements. it came to light after millions of

take us to the guardian and the paradise papers. the latest big tranche of information about people using tax havens. the big picture story is the queen who indirectly has about 10 million invested in these tax havens. it is important to put this in a bit of context. she has about 500 million in assets managed by duchy of lancaster, her personal wealth. about 2% is in these private equity tax havens. it is not surprising. very often private equity —based offshore. if you are looking at a comparatively wealthy person to the queen comedy would expect this kind of allocation. this does not say that duchy of lancaster is right to have done it but the fact is, for a portfolio that size it is not unusual. the issue is, should they have been more cognisant about how this would have looked. duchy of lancaster will have questions to answer. again, as i stress, we should get it in a bit of context.” sense agreement from you.” should get it in a bit of context.” sense agreement from you. i do. it is not the queen, it is the duchy of la

papers on the bbc news website, if you search bbc.co.uk forward slash paradise papers. if you search bbc.co.uk forward and there'll be fresh revelations tomorrow night on bbc panorama, here on bbc one at 9.00. tomorrow night on bbc panorama, at least 20 people have been killed and dozens injured in a shooting in texas, according to the authorities there. a gunman opened fire at a church in sutherland springs, near san antonio. in sutherland springs, he's believed to have been killed. in sutherland springs, 0ur north america correspondent james cook has the latest. mid—morning james cook has the latest. on a sunday, and like millions mid—morning on a sunday, and like millions of americans, the people of sutherland springs were at worship. in the first baptist church, the serenity was shattered when a man opened fire at a service normally attended by around 50 people. the church pastor's14—year—old daughter is reportedly among the dead. 0ne witness described how she took shelter when the shooting began. i'm about 50 yards away. there's a row of houses. we went running outside w

the saga of the paradise papers. you are watching our round—up of the day in the commons and the lords. still to come, why the north needs a powerhouse to improve its transport system. mps from all parties have urged the government to do more to tackle mental health problems problems amongst school pupils in england. in a debate in westminster hall, one conservative described the current situation as a national crisis. the mps were considering a petition signed by more than 100,000 people calling for mental health education to be mandatory for all schools. these statistics are startling. education uk highlight some of them. some 850 children are affected by this. we can actually teach them in schools through positive psychology and mindfulness to meet a flourishing lives. it is the whole well— being curve of mental health that could be shifted if we took this written branch approach to put mindfulness and mental education into our schools. a number of mps refer to camhs — the child and adolescent mental health

now the paradise papers are also topping the agenda of the e.u. finance ministers meeting in brussels today they have to find ways how to react to the latest data legal financial documents that reveal how the world's rich and powerful hide their money in offshore accounts and as we just heard in many cases they do so perfectly legally and because of this trillions of euros are lost to the state in taxes the e.u. had long planned to crack down on tax havens but not everyone is on board because offering tax breaks is a lucrative business. when it comes to tax dodging nike ticks all the boxes the paradise papers have shown a light on a complex network that helps the sportswear giant issue taxes in europe among its strategies over the years she fitting money out of its european headquarters in the netherlands to bermuda where it paid zero tax the revelations have prompted potentially awkward questions about why storage fees didn't crack down on the practice. it's important to take action on tax evasion but i still need to examine the exact details in

the prince and the paradise papers. charles is accused of a conflict of interest, with offshore investments in bermuda that stood to gain from his private campaigning. police say the gunman who killed 26 people in texas escaped from a mental hospital in 2012, and had made a number of death threats. president trump has urged north korea to come to the table and make a deal to end the nuclear standoff. speaking in south korea on his tour of asia the president struck a very different tone to his previous fiery rhetoric. but he warned he "hoped to god" he did not have to use the us military against pyongyang. our correspondent, mark lowen report from seoul. backing the man they say can stop north korea's march to war. supporters of donald trump out in seoul today, defending his hardline approach to the north's weapons tests. it's a kind of a warning to kimjong—un and his regime. if you do wrong things, you're going to be destroyed. but across the road, the other side, fearing mr trump's bombastic talk over north korea. pa

our top story — a huge new leak of financial documents — known as the paradise papers — has revealed how the powerful and wealthy secretly invest vast amounts of money in offshore tax havens. police probe for answers — after a mass shooting at a texas church leaves 26 dead and another 20 injured. the case against coal: protestors take on fossil fuels — and the us — as a climate change summit gets under way in germany. all smiles on the golf course but president trump is talking tough on trade with japan — saying the relationship is neither fair nor open. we'll be live in tokyo as president trump continues his tour of asia. a warm welcome to the programme — briefing you on all you need to know in global news — business and sport. and you can be part of the conversation — just use the hashtag bbc—the—briefing. we begin with a huge leak of secret offshore investments that's revealed the tax affairs of rich and powerful people around the world. the details are contained in millions of documents from a law firm which specialises in offshore arrangements for individuals a

the prince and the paradise papers. charles is accused of a conflict of interest with offshore investments in bermuda that stood to gain from his private campaigning.

our top stories: the latest revelations from the paradise papers. technology giant apple has been managing billions of dollars offshore to avoid tax, but what they've been doing is not illegal. america mourns victims of the mass shooting in texas. donald trump says the attacker‘s mental health was the problem, not his guns. the us president bids farewell to japan, the first leg of his marathon asia tour. next stop, south korea. and a century after the russian revolution, we assess how successive soviet leaders shaped the past and the present. bosses at the world's most profitable company, apple, are watching a new tax controversy unravel. leaked documents show the tech giant actively sought out tax havens after an irish low—tax loophole it used was closed. the company then moved massive amounts of cash offshore to the island ofjersey in a move that would've saved it billions of dollars. although the company has done nothing illegal, it is again under fire from the eu and us over its tax arrangements. it came to light after millions of financial

would you accept that analysis of the paradise papers? my focus is really on the cayman islands and we are a very transparent jurisdiction and when we look at what has come from the paradise papers to this point, there is no significant issue with regard to what is reported that is what we would expect based on the quality of jurisdiction we have. you talk about being transparent, you will be aware that there are some people who regard you and others like you as being too secretive because we cannot see what is going on in some of those accounts based there.” would say we are very transparent. a new look at legitimate transparency, that includes injuring that inflation is available to proper middle letters, taxing and policing authorities around the world, and thatis authorities around the world, and that is we have done for many years “ proper that is we have done for many years —— proper regulators. we continue to uphold the highest standards globally except for that. do you see the cayman islands in that way? tax havens in gene

a huge new leak of financial documents — known as the paradise papers — has revealed how the powerful and wealthy secretly invest vast amounts of money in offshore tax havens. president trump's marathon tour of asia begins injapan. he praises the prime minister — next he'll meet the emperor. and, mixed feelings about the first daughter. japanese women have their say on ivanka trump. there's been another mass shooting in the united states — 26 people were killed when a gunman opened fire at a church in texas. the attack happened at the first baptist church in sutherland springs. the suspect — who fled the scene in a vehicle — was found dead. sarah corker reports. a sunday morning church service that turned into a scene of horror. a gunman walked into this, the first baptist church in sutherland springs, and started firing on the congregation. dozens of people are dead, several others are injured. among them, a child as young as five. there's no words. this happens in new york, in big cities. no one's safe. my dad's already taught me how to get the gun out of the save, get ‘em

papers now it's the paradise paper just like when it is paradise indeed for the filthy rich we're talking ten trillion dollars stuffed away in offshore accounts governments around the world scrambling to investigate they you snout says the paradise papers have placed a renewed emphasis on fighting tax avoidance they could press forward with plans to make a blacklist of tax havens among the millions of documents evidence that some of the world's richest individuals and businesses are doing whatever they can to hide that cash from the tax man. the queen of england is there the rock star bono to american firms apple facebook and nike are also part of it. the massive paradise paper's leak is a snapshot of global tax dodging in sixteen million documents most of them out of bermuda big names and big companies are caught once more in a controversy over their finances that's boosting those who want to end tax dodging in the u.k. opposition leader jeremy corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture th

the prince and the paradise papers. charles is accused of a conflict of interest, with offshore investments in bermuda that stood to gain from his private campaigning. i'm sharanjit leyl, in singapore. also in the programme: police say the gunman who killed 26 people in texas escaped from a mental hospital in 2012. he'd made a number of death threats. and the changing face of british fashion: how vogue magazine's new editor is striking a different pose. live from studios in london and singapore, this is bbc world news. it's newsday. good morning. it's 1am in london, 9am in singapore and 10am in seoul, where president trump is preparing to address the national assembly in south korea. his speech is expected to focus on north korea. earlier, he tried to visit the demilitiarised zone between north and south korea, but was forced to cancel the trip because of fog. the president's next stop is beijing. mark lowen has the story so far from seoul. backing the man they say can stop north korea's march to war. supporters of dona

according to the paradise papers ross had secret business contacts from congress. the new data shows he's tied to a shipping firm through a series of dummy corporations. and this company has ties to russian company z.b. or energy. a major shareholder is a sanctioned russian oligarch with close ties to russian president vladimir putin as well as putin son in law. that suggests ross has profited from this company with close ties to the kremlin. sports label nike and u.s. tech giant apple also featured prominently in the paradise papers apple apparently sent secret e-mails inquiring about tax friendly domiciles for their head offices a blatant effort to avoid taxation but not illegal. just because it is legal does not mean for us that it is legitimate or morally ok we're taking a close look and we're seeing that billions that should rightly be going to taxes are disappearing so. now that the paradise papers have been released the journalists involved hope even more light can be shed on these offshore havens. our political correspondent simon young joins me now in the

in tax havens we'll find out just who's been implicated in what's being called the paradise paper. hello i'm terry martin welcome to the program. u.s. president donald trump is in japan on day two of his tour of asia he's meeting with prime minister shinzo to discuss trade and the standoff with north korea the u.s. president pushed japan to buy more american military equipment saying it would help protect against north korean attacks this after trump said he'd be open to sitting down for talks with north korean leader kim jong il and despite high tensions between washington and pyongyang. now trump promised to stand with japan against what he called the north korean menace let's listen in but working to counter the dangerous aggressions of the regime in north korea the regime continued development of its unlawful weapons programs including its illegal nuclear tests and outrageous launches of ballistic missiles directly over japanese territory are a threat to the civilized world and international peace and stability we will not stand for that the era of strategic patience is over yo

they‘ve been dubbed ‘the paradise papers‘. they were obtained by the german newspaper suddeutsche zeitung and shared with the international consortium of investigative journalists, including the bbc‘s panorama programme. among the names revealed is the duchy of lancaster, which manages the queen‘s private estate and which invested £10 million offshore. bbc panorama‘s richard bilton reports. it is an island paradise, but there is a lot more to bermuda than just beaches and the sun. it is a tax haven, secrecy and 0% tax rates. one of the world‘s biggest offshore companies, appleby, is based here. seven million documents have been leaked. for months, we had to carry out secret research. (whispering) that‘s the head office. we have to be very careful at this stage of the investigation. because appleby don‘t know that we have their data. but now we can report what goes on here. the leak is known as the paradise papers. it contains some of the biggest names in britain. like the queen‘s private estate. the queen‘s in

a huge new leak of financial documents — known as the paradise papers — has revealed how the powerful and wealthy secretly invest vast amounts of money in offshore tax havens. the bbc panorama programme has discovered that millions of pounds of the queen's private money is invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster. cabinet minister, damian green, describes claims that police found pornography on his computer in 2008 as "political smears". good evening and welcome to bbc news. at least 20 people have been killed and dozens injured in a shooting in texas, according to the authorities there. a gunman opened fire at a church in sutherland springs, near san antonio. he's believed to have been killed. 0ur north america correspondent james cook has the latest. mid—morning on a sunday, and like millions of americans, the people of sutherland springs were at worship. in the first baptist church, the serenity was shattered when a man opened fire at a service normally attended by around 50 people. the church pastor's 14—y

the massive paradise paper's leak is a snapshot of global tax dodging in sixteen million documents most of them out of bermuda big names and big companies are caught once more in a controversy over their finances that's boosting those who want to end tax dodging in the u.k. opposition leader jeremy corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us far attenders gives us safety in our lives and we all have a responsibility to pay for it others have greeted the revelations with a shrug russian officials have pointed to the legality of the transactions in the u.s. commerce secretary wilbur ross said there was nothing improper about his investments in a firm connected to the russian state us president donald trump could even use the leaks to support his plan to slash corporate taxes the reality is more complex however governments like the u.k. and germany say they've been trying to close down loopholes wi

over the paradise paper you know worried that there is a maze has been involved has been does. in effect advisor on tax dodging i'm not i'm not in the slightest worried by that i'm sure that he can defend himself on this but quite honestly i think there are bigger things that the cons country needs to concentrate on and as i said it needs to concentrate on the hypocrisy of the labor party in turning down the offer to recoup a point six billion for the u.k. eloquent about partisan politics so no it's not a partisan politics it's an actual fact the before the german election in the wash up to the general election that's what the labor party did so they can't go back on this now but still a little of any public inquiry into the implications of the paradise paper i don't see that it needs a public inquiry ok well the governor has a lot on its plate today it's six round talks at the e.u. i mean given the european union arguably the dork over the fact to brazil and to pro-democracy activists i mean how these negotiations going on as well even negotiate with european union well i thin

when we come back, paradise papers. how to they implicate everyone from the current commerce secretary to the queen of england? stay with us. ♪ [music break] amy: this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we end today's show with a slew of shocking revelations about how the world's richest men -- ridges people stash away billions of dollars in wealth in offshore tax havens. the revelations, known as the paradise papers, implicate multiple members of president trump's own administration. among them wilbur ross, who continued to invest in a after rossmpany even became commerce secretary. the shipping company, navigator holdings, is also linked to a russian oligarch subject to u.s. sanctions. the papers also show president trump's secretary of state rex tillerson was the director of a bermuda-incorporated oil and gas company, linked to exxon mobil, which ran a controversial scheme to export tens of millions of barrels of natural gas from the oilfields in western yemen. trump's c

the leak has been called the paradise papers. secret contracts, agreements and deals that we were never supposed to see. over the next two nights, panorama will show you the hidden stories. the paradise papers contain some of the biggest names in britain. some at the very heart of the establishment. including one who lives here. our very own queen is investing offshore. the queen's investments, handled by the duchy of lancaster. now, because of the files, we can see exactly where some of that money is going. they reveal millions of pounds of secret offshore investments. it's £10 million in tax havens. perfectly legal and no suggestion the duchy‘s avoiding tax. but should the monarch‘s cash really be offshore, a place of lax regulation, low tax and secrecy? if the money has been invested in a tax haven i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen, in terms of where their investments are located. half of the 10 million was invested in the ca

so your investigations into glen cause part of the paradise papers focuses on the company's operations in the democratic republic of congo why this country in particular well first of all the democratic republic of congo is one of the typical examples of a country that stuff is the result scarce meaning despite its riches is the population states very very poor and what happened with glencore business in that year see is that they worked with a very dodgy door opener it was already involved in arms stealing and i'm and dealing and through this door open it had direct access to president and the number two in congo they achieved to get mining licenses at the price that was four times lower than what the other mining companies paid at the loss of four hundred fifty million dollars for the congolese population so you're saying from the paradise papers what you're saying is that it's clear that they're involved in corruption now glencore isn't here to defend themselves they would probably say that they are not to be involved in corrupt practices have you talked to them what is going to hav

the paradise papers show there are other secrets on this island. we have found evidence that shows just how far the isle of man government has been prepared to go to help tax dodgers. the european savings directive was an attempt to stop tax evasion across europe. we have found evidence that the isle of man changed one of their laws to help people dodge the new tax. now, you might think getting approval for something that could help tax evaders would prove difficult but not on the isle of man. we have letters from lawyers to the island's regulator. if you believe it would be helpful for us to regulator. if you believe it would be helpfulfor us to provide regulator. if you believe it would be helpful for us to provide you with ideas as to how to amend the regulations, please let simon and myself no. in switzerland i tracked down the man who drew up that scheme to help tax dodgers. i want to show you something. the one that needed the isle of man to change the law. it's actually changing the laws, the isle of man changing their own laws so isle of ma

the leak is known as the paradise papers. it contains some of the biggest names in britain. like the queen‘s private estate. the queen‘s investments are handled by the duchy of lancaster. now, because of the files, we can see where some of the money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch‘s cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the investments are located. the duchy told us: the paradise papers also expose a new link between president trump‘s government and the russians. you know who that is, right? it‘s wilbur ross, president trump‘s commerce secretary. this is gennady timchenko, the sanctioned friend of president putin. we have found that these two men have a business link. wilbur ross said that he cut ties with companies tha

daniel cope there the paradise papers have claimed more victims the leaks exposed formula one champ lewis hamilton who reportedly saved tax charges on a new jet by importing a five day aisle of man the u.k.'s prince charles allegedly campaign vault ration is to climate change agreements while investing in a firm which would benefit from big firms like apple and nike have also been caught out the e.u. had long planned to crack down on tax havens as european finance ministers met today it became clear that there's no solution. fresh outrage for a problem they're already struggling to solve european countries began working to stem tax sheltering well before the latest leaks last year the european commission identified eighty one countries in jurisdictions connected with tax avoidance the e.u. wants to finally create a blacklist of offenders before the end of this year such a list would name and shamed the worst tax shelters. we know there's a. reason to cooperation among states to have more information and more transparency which states have to sticks to their commitments and if states do no