PREVIEW

... in the Cayman Islands is something that wealthy people do to evade taxes, but that’s not the case.

Foreign-capital enterprises still have to pay taxes on their business income in China, and the rich have countless legal ways to minimize taxes without going through such trouble.

The biggest reason why the Cayman Islands are popular is that companies there are not subject to regulation.

Large capital flows are unrestricted, and there is no need to disclose company informat ...

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