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How Africa's Billions are Secretly Stashed: Mauritius Tax Problem
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07/30/21
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Economics
Low taxes have drawn many foreign companies to Mauritius and account for a huge portion of the country's $16 billion GDP. Mauritius is one of Africa's richest countries on per capita basis. However Mauritius long been shadowed by financial secrecy, with the island’s government overseeing LEGAL but QUESTIONABLE processes that have allowed global companies to siphon millions of tax dollars away from other African nations.
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