Nevada, Wyoming and South Dakota have all passed laws making it easier to set up shell companies — and harder to identify the real owners. Bankers say that has actually prompted a flow of foreign assets from traditional tax havens such as Zurich and Bermuda to less elegant banking centers like Reno and Sioux Falls.
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‘Panama Papers’ Blockbusters Make Waves Abroad, but Secret Money Is a U.S. Problem too
Posted April 6th, 2016 at 3:20 pm (UTC-5)
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