The Panama Papers, a massive data leak in April 2016, exposed widespread tax avoidance and evasion using complex structures of offshore shell companies and caused an international outcry.
Unprecedented collaboration among 100 news organizations worldwide resulted in the coordinated release of dozens of news stories about the Panama Papers.
The widespread scandal over the offshore dealings of individuals and firms revealed in the so-called "Panama Papers" may offer a window for the administration of Luis Guillermo Solís to push through at least some of its proposed fiscal reforms.
Iceland's prime minister resigned Tuesday, becoming the first political victim of a mushrooming worldwide scandal over hidden offshore financial dealings.
