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They generally tax their own populace at a relatively standard rate (20-40%+) while taxing the offshore corps based there at 0% (or more). Hong Kong, for exampl
by 55555 5y ago
They generally tax their own populace at a relatively standard rate (20-40%+) while taxing the offshore corps based there at 0% (or more). Hong Kong, for example. In a sense it's economic subterfuge/sabotage.
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