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Panama papers: who were exposed by them?

A lot of people have heard the term «offshore» - a financial center, which attract foreign capital by the granting of special concessions, especially tax concessions for the foreign companies, which register in the countries of such centers. But not many people are familiar with the history of the term «offshore». It first occurred in a small American newspaper in the late 1950-s. The article was about a financial organization that managed to avoid government control by an outlandish inventiveness...
07/14/2016

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