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Wealth Management
The Top 10 Tax Havens in the World
David H. Lenok Nov 05, 2015

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2. Hong Kong
Copyright Palani Mohan, Getty Images

Hong Kong hasn’t signed on to automatic reporting under the CRS. It has a history of corporate secrecy and doesn’t appear particularly willing to engage in cross-border reporting. China’s control of Hong Kong is also a major factor in shielding it from global pressure over transparency.

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