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The country is planning to create a special economic zone which would serve as an international offshore financial center. Some government officials wish to understand

The country is planning to create a special economic zone which would serve as an international offshore financial center. Some government officials wish to understand more on the safe haven.

i. Explain briefly how multinational corporations park their money at safe haven and how they could benefit from it.

ii. How a tax haven could potentially become a loophole for tax avoidance?

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