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Offshore bank

Offshore bank logo #10101) International taxation
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Offshore bank

Offshore bank logo #21000 An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. These advantages typically include: While the term originates from the Channel Islands being `offshore` from the United Kingdom, and most offshore banks are located.....
Found on http://en.wikipedia.org/wiki/Offshore_bank
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