When you think of banking shells, just “say shells”… Seychelles, that is.
Seychelles is one of those weird islands which comes up in the Paradise Papers. 13.4 million records were passed to German newspaper Süddeutsche Zeitung and then shared with the International Consortium of Investigative Journalists (ICIJ).
The ICIJ had previously been associated with release of the Panama Papers. “John Doe”, the whistleblower who leaked the Panama Papers documents to German journalist Bastian Obermayer from the newspaper Süddeutsche Zeitung, remains anonymous, even to the journalists who worked on the investigation. “My life is in danger”, he told them. 
There has been tax avoidance, not tax evasion, in the case of the many entities who chose to just “say shell”. “I thought you could avoid, not evade, taxes but I found it was not practical,” stated Sam Kutesa, Uganda’s foreign minister.  The technicality is that tax avoidance is legal , but tax evasion is illegal. Sam Kutesa started out doing the legal tax avoidance but it was “not practical,” he says.
So suppose you too wanted to get in on the deal. Suppose your income for 2017 was $40,000 and you wanted to do a little tax avoidance of your own. So you call the law firm Appleby because you heard they are the “go to” people for these matters.
YOU: “Hello, Appleby? I’m wanting to do a little tax avoidance here.”
APPLEBY: “Yes, sir or madam. And might I inquire how much of a sum we are discussing?”
YOU: “Forty-thousand dollars.”
APPLEBY: (Hangs up the telephone.)
Conveniently, Appleby has offices in the key offshore locations of Bermuda, the British Virgin Islands, the Cayman Islands, Isle of Man, Jersey, Guernsey, Mauritius and Seychelles as well as the financial centres of Hong Kong, and Shanghai.  But they apparently don’t deal with small fry, which hardly seems fair.
But maybe it’s just that you forgot to say the magic words. Maybe if you phone again, remember to just “say shells.”
——- Sources ——-
 “Panama Papers”, Wikipedia, November 7, 2017. https://en.wikipedia.org/wiki/Panama_Papers
 “Paradise Papers Exposes Donald Trump-Russia links and Piggy Banks of the Wealthiest 1 Percent”, International Consortium of Investigative Journalists, November 5, 2017. https://www.icij.org/investigations/paradise-papers/paradise-papers-exposes-donald-trump-russia-links-and-piggy-banks-of-the-wealthiest-1-percent/
 “Tax avoidance”, Wikipedia, November 7, 2017. https://en.wikipedia.org/wiki/Tax_avoidance
 “Appleby (law firm)”, Wikipedia, November 7, 2017. https://en.wikipedia.org/wiki/Appleby_(law_firm)