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March 26th, 2013
The VI knows it’s been beaten by the USA – so it’s turning to the UAE instead

By Richard Murphy, Tax Research UK

The US Foreign Accounts Tax Compliance Act is scaring tax havens around the world, and rightly so. For all practical purposes, the illicit tax haven sector is closed to the vast majority of US business now. But not to be outdone places like the British Virgin Islands are seeking business elsewhere.

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