Authorities from General Taxation of the Ministry of Finance announced that they will investigate data from the Bahamas Leak, in the same way that they are doing so with the Panama Papers. Officials are pointing out the importance of knowing who the final beneficiaries are.
The International Consortium of Investigative Journalists (ICIJ) revealed the data of 175,000 “offshore” companies, due to the leaking of Bahamas’ companies registration.
At the moment, new information hasn’t been analyzed, so links of this leak with Costa Rican companies are unknown, but the investigation is going to be conducted in the coming days.
As indicated by international media, the Bahamas Leak does not provide the same level of detail as the Panama Papers did; however, the information has been added to the data that are already available for research purposes.
Fernando Rodríguez Garro, vice minister of Finance, thinks that this leak reinforces the need to support the international fight against tax evasion through automatic mechanisms to exchange tax information.
Rodríguez also justifies the importance of knowing the final beneficiary of corporations, particularly in cases like these, where local companies are linked to offshore companies, which can be used as a mechanism to avoid paying taxes through several maneuvers that are already know by the international community.