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Insurance companies keep re-domiciling to Bermuda and Ireland. Hedge funds have preserved material gains via Bermudan tax laws for years. They park money in B
by caminante 10y ago
Insurance companies keep re-domiciling to Bermuda and Ireland.
Hedge funds have preserved material gains via Bermudan tax laws for years. They park money in Bermudan insurance companies whose investment arms manage the funds, while deferring tax payment on trading profits. Eye-opening to learn about...