First minister Nicola Sturgeon has published her latest tax return, in response the ongoing Panama Papers row.

She is the third Scottish party leader to publish her tax return in the interests of transparancy.

Both Scottish Labour leader Kezia Dugdale and Scottish Conservative leader Ruth Davidson have already published their's.

The Herald:

A statement published alongside the First Minister's tax return on the SNP website said: "Nicola Sturgeon has today published her tax return for 2014/15 and committed to publishing her tax return annually, when it is submitted, for as long as she is First Minister.

"The tax return shows: Nicola’s income is the salary she receives as an MSP and First Minister.

"Nicola pays tax on her full salary entitlement but only draws her salary at its 2008/09 level.  The balance is automatically paid to the Scottish Government for use in general public spending. In 2014/15 Nicola paid around £3,000 into the Scottish Government consolidated fund.

"Since the start of the voluntary pay freeze on 1 April 2009, Scottish Ministers have made an additional £250,000 available for public spending from their own pay packets. Within that total, Nicola and Alex Salmond have forgone some £20,000 over the same period."

The leaked Panama Papers data points to links to 12 current or former heads of state, including dictators, who have been accused of raiding their own countries’ coffers.

Relatives of several current or former Chinese leaders have been found to have links to offshore companies; although the state media has declined to inform the Chinese people of this embarrassing development.

Close associates of Russian President Vladimir Putin have been fingered only for the Kremlin to assert that it is all part of some sinister Western plot to do down its leader.

There are now investigations from Australia to America while in Iceland, its embattled Prime Minister, Sigmundur Gunnlaugsson, accused of concealing millions of dollars-worth of investments in an offshore company, has paid the ultimate price and resigned.

And here in the UK the scandal is threatening to sneak under the door of No 10 after it emerged that Mr Cameron’s late father was a director of Blairmore Holdings Inc - named after the old ancestral home in Aberdeenshire – which used unregistered "bearer shares" to protect its clients' privacy.

Ian Cameron’s use of the firm to help shield investments from UK tax helped build up a significant legacy, part of which was inherited by the PM.

There is no suggestion this avoidance arrangement or others exposed by the leak were anything but entirely legal or that Mr Cameron's family did not pay the UK tax due on any repatriated assets.