ELI5: Explain Like I'm 5

Mauritius Leaks

The Mauritius Leaks is a story about a big company using the small island of Mauritius in Africa to avoid paying taxes. The company, based in France, set up a secret shell company (a company with no employees or offices) on the island. They used this company to hide their profits from taxes. The company also did not pay taxes on its investments in other countries. That means the company was able to keep more of its money from being taxed. This story was uncovered by investigative journalists and is a good example of why multinational companies should be held accountable for their taxes.