Tax Agency finds 230 Swedish links to Panama Papers in one day
Just one day after the release of a large number of documents linked to the Panama Papers, the Swedish Tax Agency has so far identified 230 cases with connections to Sweden.
On Monday evening hundreds of thousands of documents from a Panamanian law firm were published online, with details on financial information and client names linked to off-shore companies. The Swedish Tax Agency had prepared by calling in extra staff, and has already found Swedish links in the leaked documents.
“Today we’ve worked intensely on identifying more than 230 Swedish people or companies involved in the Panama Papers,” Margareta Nyström, Senior Advisor at the Swedish Tax Agency, told Radio Sweden.
On Tuesday, there were up to ten analysts working with the documents, but an additional 200 tax office workers will be dedicated to the task of following up the information revealed.
The Tax Agency in Sweden is also co-operating with other OECD countries, sharing information found with each other.
An estimated 400-500 Swedes are thought to have started shell companies to avoid paying tax.