Emma Watson was recently revealed as one of the celebrities named in the Panama Papers, the documents containing the names of people with offshore companies and accounts.
Apparently, Watson’s company was set up in the British Virgin Islands to protect personal details about herself. Her representatives told the Spectator the following:
“Emma (like many high-profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety. U.K. companies are required to publicly publish details of their shareholders and therefore do not give her the necessary anonymity required to protect her personal safety, which has been jeopardised in the past owing to such information being publicly available. Offshore companies do not publish these shareholder details. Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever – only privacy.”
Watson isn’t the only one—other reports have revealed Simon Cowell, Jackie Chan, Sarah Ferguson and Vladimir Putin also have ties to the documents.