Hedge Fund News From HedgeCo.Net

How Reinsurers Help Hedge Funds Shelter Taxes

(Bloomberg) An ongoing series of stories from a project known as the Paradise Papers details how multinational corporations and hedge funds can keep more of their money by shifting profits to low-tax jurisdictions. Many hedge funds do this by setting up reinsurers in no-tax locales. Money goes into a reinsurer, which then invests it in the hedge fund.

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