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Apple, Microsoft, other US firms hiding $1.6 trillion in offshore tax havens: Oxfam

WASHINGTON: The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax havens to reduce their US...

Panama seeks to punish countries that blacklist it as ‘tax haven’

PANAMA CITY: The government of Panama on Tuesday announced a bill that would take a range of steps against countries that put it on their blacklists of "tax havens" in the wake of the Panama Papers revelations.

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