April 6, 2016

WTSP: The “Panama Papers”: 6 key takeaways

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“I’m not sure any of us are raising our eyebrows at much of anything here,” said Matt Gardner, executive director of the Institute of Taxation and Economic Policy, adding that Congress needs to put a stop to states such as Delaware that attract companies to incorporate there with a more favorable regime. “It shouldn’t be easier to start a shell corporation in Delaware than it is to get a library card.”

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