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The two troves of documents differ in both source and content.
In contrast to the Panama Papers, the present documents don't just contain information pertaining to politicians, athletes and the super-rich, but also to numerous multinational corporations that use the offshore system.
A spokeswoman said that Omidyar reports his investments to the tax authorities. Are all of the people and companies that appear in the Paradise Papers engaged in criminal activities? Much of the activity documented in the data is legal – such as when multinational corporations use subsidiaries in tax havens to reduce the amount of profit they have to report.That allowed journalists across the globe to work on the material around the clock. Founded in 1997, ICIJ is a non-profit organization that can best be understood as an international association of investigative journalists.