It takes the average reader 3 hours and 12 minutes to read The Impact of Schemes Revealed by the Panama Papers on the Economy and Finances of a Sample of Member States by Jack Malan
Assuming a reading speed of 250 words per minute. Learn more
Upon request by the European Parliament's Committee of Inquiry to investigate alleged contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and tax evasion (PANA Committee), this study assesses the impacts of the schemes revealed by the Panama Papers, a set of documents leaked from the law firm Mossack Fonseca detailing tax evasion and avoidance practices, and published by the International Consortium of Investigative Journalists (ICIJ) in April 2016. The study explores the concepts and roles of tax havens and offshore financial centres, their budgetary, and the economic and financial impacts in a sample of EU Member States. The research combined previous estimates of tax revenue loss with a microeconomic assessment based on data on companies that are thought to be linked to the Panama Papers schemes. The most significant impacts identified are the negative effects on Member States' budgets, with wider knock-on effects on economic growth and financial markets. It is recommended that further steps are taken at the national, EU and international levels to increase transparency of corporate and individual taxation and to limit the scope for tax evasion and tax avoidance.
The Impact of Schemes Revealed by the Panama Papers on the Economy and Finances of a Sample of Member States by Jack Malan is 187 pages long, and a total of 48,059 words.
This makes it 63% the length of the average book. It also has 59% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 22 minutes to read The Impact of Schemes Revealed by the Panama Papers on the Economy and Finances of a Sample of Member States aloud.
The Impact of Schemes Revealed by the Panama Papers on the Economy and Finances of a Sample of Member States is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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