Still Waters Run Deep

Morais, Richard C.
September 2009
Forbes Asia;9/21/2009, Vol. 5 Issue 14, p52
The article informs that Labuan is leading as a corporate tax shelter. 6,868 offshore companies from 85 countries registered in Labuan in 2008. According to an analysis by London's Tax Justice Network, a nonprofit group, Labuan was home to 104 subsidiaries of 195 large publicly traded companies in the U.S., Great Britain, the Netherlands and France.


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