What Panama papers,Mosack fonseca ,Offshore companies,Tax havens ,Effect on pakistan,Effect on international economy and mosack fonseca reaction on panamapapers.

4. What is panama?
What is panama papers?
What is mossack fonseca?
What is offshore companies?
Is offshore companies are illegal?
Tax haven countries?
Effect on Pakistan economy?
international effect of panama?

6. • Panama (Country in Central
America)
• Panama City (Capital of
Panama)

7. • Panama is a country in central America
situated in between South and North
America.
• Panama city is capital of panama

12. .

13. Jürgen Mossack Ramón Fonseca
Owner of the company

17. • A Company which is established outside the country
is called offshore company.

18. • Reduced administration
• Requires little information when doing business.
• Minimum taxes.
• Lower capital requirement
• Multi - currency bank account
• Confidentiality
Benefit of offshore companies

22. British Virgin Islands
Panama
Switzerland
Bermuda
Netherlands
Cyprus
Rwanda
Tax haven

24. • Estimated at least
$7.6 TRILLION

25. That's upward of 8% of the worlds financial wealth.

26. This Money can be use in

27. Are offshore accounts are illegle?
• No , these accounts are not illegal
• Tax evasion
• Money laundering
• Corruption
However ,these accounts for often used

28. Effects of panama papers on
Pakistan?
As more than 400 Pakistani including
politicians ,judges , actors ,Business mans
,military officers and media personals.
Prime minister sons name exposed by these
papers.
Nawaz sharif address the nation and
promised free inquiry

29. So opposition is asking for inquiry by the
chief justices of supreme court or
parliamentary committee.
If independent commission is not
established then opposition promised to
launched another wave of protest against the
federal government.
Prime Minister says,
If this commission proves the tax evasion
,corruption or money laundering then he
will resigned.


30. Names which has offshores companies
Son's of prime minister 09
Shebaz sharif family 07
Saifullah family 34
Javed pasha 04
Benazir Bhutto 01
Rahman Malik 01

31. Effect on Pakistan economy?
• As Pakistan having low economic indicators;
terrorism, extremism, severe energy deficit
• For these circumstances people invest their money
abroad.
• We have excellent and attractive C-PEC plan (China
Pakistan economic corridor ) and this plan needed
peace and political stability.

32. • We should make strong rules against these kids of
unethical issues.
• We should develop trust in Pakistani community to
invest in their country.

33. Who has been exposed so far?
Russia President
Argentina President
Ukraine President
 king of Abu Dhabi
Former Empire of Qatar
 former Sudan President
England Prime minister

34. Former prime ministers of
 Iraq
 Italy
 Jordon
 George
 Pakistan

35. Effect of Panama papers
internationally ?
• Ice land Prime Minister Resigned
• Ukraine prime Minister Resigned
• Spain's Industry Minister resigned
• Indian prime minister Order an inquire
• England prime Minister under pressure

36. Effect on International economy?
• More bank regularity security .
• More security by U.S prosecutors of
foreign bank
• More regulation/taxation in general

38. Ramón Fonseca said the leak was not an "inside
job"—the company had been hacked by servers
based abroad. It filed a complaint with the
Panamanian attorney general's office.
In an interview that Jürgen Mossack and Ramón
Fonseca gave to Bloomberg, Mossack said: "The cat's
out of the bag, so now we have to deal with the
aftermath."