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Panama Papers

British Prime Minister David Cameron releases his tax records in an effort to remove discussion about his personal wealth from the current political discourse. His initial reluctance to admit he had benefited from his late father's offshore Panama Papers holdings still seems to be affecting the upcoming European Union referendum. Unfortunately for the PM, the main Sunday newspapers in the U.K. tell of a gift of 200,000 pounds ($282,500) from his mother in 2011, suggesting it may have been a way of avoiding inheritance tax.

Sources:  Reuters


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