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Sunday, July 30, 2017

How much of the world's wealth is hidden offshore?

Would you like to pay less tax? Make a sandwich: specifically, a "double Irish, Dutch sandwich". Suppose you're American. You set up a company in Bermuda and sell it your intellectual property. It then sets up a subsidiary in Ireland. Now, set up another company in Ireland: it bills your European ...

How much of the world's wealth is hidden offshore?

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