Tax Evasion by Peru's Largest Companies Uncovered

  • 9 years ago
The Peruvian investigative journalist organization Ojo Publico issued a report revealing that eight of the country's largest companies are engaged in a massive tax evasion scheme. To avoid paying taxes on their profits the companies have off-shore accounts in the Bermuda, Cayman, and Virgin Islands. The list of Peruvian-based companies include major banks and multinationals. This is one of the first investigative reports into such practices in Peru. Rael Mora reports from Lima. teleSUR

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