Last week, the International Consortium of Investigative Journalists published the leaked cache of financial documents known as the “Pandora Papers.' The United States plays a prominent role in the Pandora Papers as an offshore destination in its own right.
, published in November 2017, which detailed trillions of dollars of funds held “offshore” by taxpayers around the world. More so than in prior leaks, the United States plays a prominent role in the Pandora Papers—not just as a source of the immense wealth held offshore, or of the professional expertise facilitating such arrangements, but as an offshore destination in its own right.
The emphasis on U.S. jurisdictions in the Pandora Papers also stands in stark contrast with U.S. rhetoric, if not its actions. While U.S. State Department Spokesperson Ned Price stated “that the U.S.
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