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What Is an Offshore Company?

The International Consortium of Investigative Journalist's team, working with leaked documents from a Panamanian law firm, has published some of its findings into the offshore financial dealings of the rich and famous, and politically connected, as well as the leaders of some countries. What does offshore mean: To register or operate outside of a person's or business' national boundary. The arrangement is often done for the purpose of financial, legal and taxation...

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