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How the U.S. became one of the world’s biggest tax havens

The Washington Post

Contrary to popular belief, notorious tax havens such as the Cayman Islands, Jersey and the Bahamas were far less permissive in offering the researchers shell companies than states such as Nevada, Delaware, Montana, South Dakota, Wyoming and New York, the researchers found. But one of the least recognized facts about the global offshore industry is that much of it, in fact, is not offshore. Indeed, some critics of the offshore industry say the U.S. is now becoming one of the world’s largest “offshore” financial destinations.

Source: The Washington Post

Business man working with laptop on the small island on the sea

Business man working with laptop on the small island on the sea

Website (www.washingtonpost.com)