December 4, 2022

Paper firms in tax havens up 60 pct.

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By Yoon Ja-young From the Korea Times Conglomerates are increasingly setting up paper companies in tax havens such as the Cayman Islands, stirring controversy that they may be aiming at creating secret funds or avoiding paying taxes. The number of such companies in these havens increased 60 percent last year. According to an analysis of […]