The latest Panama Papers 2.0 list contained the name of Emma Watson who might have been avoiding the payment of taxes using her offshore company which nobody knew about until the leakage.
The Spectator browsed through the details in an online searchable database and found the name of the Harry Potter actress in the Panama Papers database. Watson’s interest in politics has been evident in recent times. She has been seeking interest in both the UK and American politics. She even attended the White House correspondents’ dinner recently.
On Monday, she requested London’s new mayor Sadiq Khan to have a stature of a suffragette outside the parliament. However, the revelation made by the latest tax avoidance records seems to have disturbed Watson’s political interest. The latest leak of records has indicated that the listed name “Emma Charlotte Duerre Watson” is a beneficiary of a British Virgin Islands’ offshore company.
The International Consortium of Investigative Journalists (ICIJ) released a set of data containing over 200,000 entities on its website on Monday. It contained the details about the people, companies, trusts and foundations having connections with offshore companies.
Watson’s spokesperson confirmed that she established an offshore company but her intention behind that was the protection of her “anonymity and safety.” “Emma (like many high profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety,” her spokesperson said as quoted by The Independent.
“UK companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available. Offshore companies do not publish these shareholder details. Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy.”
The Panama Papers leakage has brought into limelight the names of elites who have been avoiding taxes by transferring profits to offshore companies.