The Queen’s private estate invested millions offshore. Nonetheless, the Paradise Papers will tell us a lot about the activities of business and political elites of well-regulated countries like the US and UK – implicating big multinationals such as Nike and Apple, and individuals including the British Queen. The law firm at the centre of this new leak, Appleby, insists there is “no evidence of wrongdoing” in any of the revelations. All places that received a fairly clean bill of health during the OECD peer review process only a few years ago. The Paradise Papers reveal the goings on of the elites of the offshore world – this time in the supposedly highly-regulated havens of the Cayman Islands, Bermuda, Singapore and the like. And Mossack Fonseca, the law firm at the centre of the leak has since been discredited.
Hence, relatively few Americans or Europeans were caught in the Panama story. International rules regarding tax evasion and avoidance are intended to help national governments to pursue their own offenders, but the Panama Papers revealed that the country was being used primarily by the business and political elites of countries like Russia, China and many more in Latin America and Asia countries where the governments are closely linked to business and which are less likely to use tools provided by new international rules to pursue offenders.
Panama is generally considered among tax haven experts as one of the least reformed corners of the offshore world. But the Paradise Papers are different, reflecting the complexity of the global offshore tax system. Even the name has the same ring to it as last year’s Panama Papers expose. The store also set fixed prices for all items, and marked them visibly on price tags-allowing shoppers to set aside anxieties over eventual haggling and concentrate on enjoying themselves.The so-called Paradise Papers may sound familiar – leaked documents from a law firm that specialises in offshore services reveal how the global elite avoids paying taxes. The Bon Marché was one of the first places to feature mass-produced and ready-to-wear clothing, which made fashion and luxury more affordable for the emergent middle classes. More radical than its architecture was its groundbreaking price model.
The paradise windows#
By all accounts, contemporary clientele were astonished by the Bon Marché’s size and dazzling windows and displays.)
The paradise series#
(If the TV series gets anything right, it’s visual excess.
The paradise full#
Eye-catching counters spread throughout encouraged patrons to walk the full length of each floor, making the store feel more like an extension of the boulevards than an interior space. Unlike earlier stores, the Bon Marché sold goods for the whole family, and further, did so in a large, airy building. The Bon Marché is of historical import for being the world’s first department store, and for completely overturning these previous models of shopping and consumption. © 2012 Estate of Reginald Marsh/Art Students League, New York/Artists Rights Society (ARS), New York Reginald Marsh, Women window shopping, ca.
0 kommentar(er)
