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What is Offshore Finance?
Tax havens make significant income from fees paid by people and companies who create and use shell companies. Tax havens create work for lawyers, accountants and secretaries. Mauritius, for example, has said 5,000 people would lose jobs if the country stopped being a tax haven. Here is an Explained on what tax havens are, and how offshore finance works.
#TaxHaven #ShellCompanies #Offshore #TaxEvasion #PanamaPapers
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