What is a tax haven? Is it the same thing as an international offshore financial center? What

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What is a tax haven? Is it the same thing as an international offshore financial center? What is the purpose of a multinational creating and operating a financial subsidiary in a tax haven?
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Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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