According to reports, the Pandora papers consist of 11.9 million leaked documents from eleven off shore providers. Reportedly tax havens such as Switzerland, Dubai and Monaco are used to deposit enormous sums of money, avoiding domestic taxes. Not illegal but unethical. The buying of some properties is detailed though there’s not always evidence of money laundering. According to reports, in some cases property tax was avoided by registering with or buying off shore purchasing companies.
Reportedly Farrer and co. who have a long history of representing the royal family have been named in the Pandora papers as being involved in transferring money to different off shore accounts. According to a report Britain are both a loser of lost revenue and an enabler of the off shore industry. Reportedly, a spiders web of British crown dependencies and overseas territories make up a third of lost revenue.