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Tax Avoidance and Shell Companies
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Question:
Countries of domicile
Author: David DimonuAnswer:
Typical countries of domicile of shell companies are offshore financial centers like Ireland, Liechtenstein, Luxembourg, Switzerland, Isle of Man, and the Channel Islands including Guernsey and Jersey in Europe, Bahamas, Barbados, Bermuda, Cayman Islands, and Virgin Islands in the Caribbean, Panama in Central America, and Hong Kong and Singapore in Asia. Delaware (where over half of publicly-traded US corporations are registered), Nevada, and Wyoming also offer advantageous tax regimes.
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