Panama Papers: US launches criminal inquiry into tax avoidance claims | Business | The Guardian

Panama Papers: US launches criminal inquiry into tax avoidance claims | Business | The Guardian:



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 Letter from the Department of Justice to the International Consortium of Investigative Journalists stating they have opened an investigation. Photograph: US Department of Justice

The inquiry comes after Barack Obama described the revelations from the leaks – which have caused political tumult across the world – “important stuff” and global tax avoidance as a “huge problem”.