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Panama Replaces Switzerland as Offshore Destination of Choice

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Gone are the days when legendary tales of Swiss numbered accounts and the anonymity that cloaks the identity of Sophie Neveu from religious agents bent at killing anyone within her bloodline.

What was once the top offshore tax haven in the world has become cooperative with global tax treaties that will smite any potential tax offender due to mounting international pressure to comply.

Offshore banking experts have changed their tune and now tout...

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