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Sending Money On An Overseas Round Trip To Avoid Taxes

03:43
Round-tripping occurs when American citizens open bank accounts in tax havens such as the Cayman Islands,  funnel money into the accounts and then use it to buy stocks and bonds back in the U.S. (AP)
Round-tripping occurs when American citizens open bank accounts in tax havens such as the Cayman Islands, funnel money into the accounts and then use it to buy stocks and bonds back in the U.S. (AP)

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