Of late, Emma Watson has been taking a more active role in both UK and American politics. The Harry Potter actress recently attended the White House correspondents’ dinner, and just yesterday called on London’s new mayor Sadiq Khan to put a statue of a suffragette outside Parliament.
However, should she wish to continue to move in political circles, Watson may face questions about her use of an offshore company. Yesterday, more details of the now infamous Panama Papers were released online in a searchable database. The database provides information regarding the many offshore companies named in the confidential documents which were first leaked earlier this year.
On looking through the database, Mr S has come across Emma Watson’s name. The Offshore Leaks Database says that ‘Emma Charlotte Duerre Watson’ is a beneficiary in an offshore company based in the British Virgin Islands.
While a spokesman for the actress confirms that Watson set up an offshore company, they say it was set up for the sole purpose of ‘protecting her anonymity and safety’. The spokesman tells Steerpike that the actress receives ‘no tax or monetary advantages from this offshore company’:
‘Emma (like many high profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety. UK 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Offshore companies do not publish these shareholder details.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.’
With the details of over 200,000 offshore entities revealed in the latest leak, it seems the fall-out from the Panama Papers is far from over.