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How much havoc can these offshore schemes wreak?
Small firms are angry that clever offshore schemes favour their bigger competitors.
"Cameron promised and has failed to end tax secrecy and crack down on 'morally unacceptable' offshore schemes.
And he knew full well the danger these journalists faced exposing the offshore schemes of Putin's personal friends.
Citigroup, they say, invented dubious offshore schemes that enabled Enron to hide its debts, distort its creditworthiness and inflate its share price.
Richer people in Latin American and Caribbean countries had poured their savings into Sir Allen's offshore schemes, seeking protection from instability at home (or for less laudable motives).
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In 2012 Cameron publicly criticised Carr for using a Jersey-based offshore scheme, describing it as "frankly and morally wrong".
He came across a diagram on the internet which detailed the complicated offshore scheme favoured by Tesco; the diagram looked like a face so he commissioned a tapestry mask of it like a totem on one wall, and still in clairvoyant mood, another mural of destruction: "I wanted to include a picture of St Helier in 2017," he says of the large-scale burning street scene.
The Humber Gateway wind farm is the first offshore scheme to be given consent since December 2008.
Click here to tell the Obama Administration to stop Shell's reckless Arctic offshore scheme.
Such systems, however, are toothless against the real culprits of tax evasion – the super-rich families who profit from various offshoring schemes or simply write outrageous tax exemptions into the law.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com