What are the real reasons for using a shell company?

The finances of the rich and famous are a hot topic at the moment with the exposure of the Panama Papers. However, the use of an anonymous shell company does not automatically mean that there is something wrong here. Thanks to this graphic found on Misledit tells us the good and the bad of this industry, which sort of shines a light on the bigger picture. The facts are that just because a business or individual is using a shell corporation, it does not necessarily mean that there is any wrong doing going on.

What are the real reasons for using a shell company?

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#corporations
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#tax

Written by David Allen

We cover all kinds of technology, gadget, current and funny news stories! Although we stop there as we cover a wide variety of of other cool subjects, including cars, lifestyle and breaking news stories.

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