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... an to eliminate these heavy taxes. Someone quickly responded, "If we were to set up a company in the Cayman Islands and conduct import-export business, with funds circulating through the Caymans, we would save a huge amount on taxes."

High taxes sometimes reach 35%, which is a third of the profits. Especially for large transactions involving millions or even billions, it’s no small matter.

"I’ll go into the details of the Cayman plan later," Hardy said. "But regarding our current ...

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