| http://www.w3.org/ns/prov#value | - Small surprise, then, that Panama is home to nearly 400,000 offshore corporations, more than any other nation except Hong Kong.While many of Bain's early investors lived outside the U.S., shell companies in Panama and the Cayman Islands can also help American taxpayers invest in U.S. companies without accruing a tax bill with the IRS. By establishing personal offshore entities, Americans can pose
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