According to the document, "offshore secrecy jurisdictions" identified by the Internal Revenue Service include Bermuda, Gibraltar, the Channel Islands, the Isle of Man, the British Virgin Islands, Switzerland and Luxembourg.
Through a series of well-documented offshore manipulations with saucy-sounding names such as the Double Irish with a Dutch Sandwich, the industry giants shield themselves off from the theoretically 35% federal corporate tax rate.
Along with data from the Panama Papers and other leaked documents regarding offshore companies, these documents shed light on the secretive world of offshore corporations and make up the world's largest public offshore record in history.
We've provided fearless and factual coverage of politics, have revealed and documented the reality of offshore detention on Manus Island and Nauru, and have led the national discussion on Indigenous issues and the environment, including the impact of climate change on the Great Barrier Reef.
As Nicholas Shaxson, author of the best-selling book Treasure Islands, which documented the network of offshore tax havens several years ago, told the German channel Deutsche Welle, "Panama is one head of the tax haven hydra.
The documents link offshore accounts to buyers of high-priced property in Miami, one of a number of cities to have experienced a property boom fuelled by buyers with offshore accounts.
A document, entitled Offshore Drilling: Potential Benefits and Risks, suggested that offshore rigs act as a form of artificial reef and as a result can actually increase marine life around their operations "fiftyfold".
According to the documents, an offshore company whose accounts are controlled by the billionaire currency trader Joe Lewis bought all of the most valuable works in advance in a secret deal.
Earlier this month, the German newspaper Süddeutsche Zeitung obtained and shared a set of 13.4 million confidential documents from offshore tax firms like Appleby and the Asiaciti Trust, which help the rich and powerful hide wealth from their home governments.
By contrast, biodiversity over the greater part of the offshore continental shelf around South Africa is less well documented [39].
The divergence between the coastal and offshore morphotypes of T. truncatus has been previously documented [ 42, 106].
