Why the top 10 tax havens don't include Panama - BBC News:
"The huge leak of documents from the Panamanian law firm Mossack Fonseca has revealed how tax havens are used to hide wealth and has focused the world's attention on the Central American nation.
The Panama Papers revelations have prompted the country to create an international panel to help improve transparency in its offshore financial industry.
But international organisations which investigate financial secrecy warn that Panama is not even in the top 10 countries with the least financial transparency."
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