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United States ranks third among tax havens for foreign companies, according to a recent Financial Secrecy Index report. (Photo by Spencer Platt / Getty Images)

Nov 30, 2015 AM EST - Diana Tomale

United States Ranks Third Among Tax Havens For Foreign Companies Despite Implementation Of Foreign Account Tax Compliance Act

The US is among the top tax havens for foreign companies, according to a recent report by the Tax Justice Network. The US landed on the third spot despite the implementation of Foreign Account Tax Compliance Act (FATCA).

Foreign exchange sign in South Korea | By: Yung Yeon Je | Getty Images

Oct 10, 2015 AM EDT - Czarelli Tuason

The Number Of Foreign Companies In South Korea Has Reached 8,095 In 2014, Says The National Tax Service

South Korea's numerous free trade agreements with other countries and a growing market in logistics, manufacturing and service sectors have attracted foreign firms, increasing the country's foreign companies at 8,095 in 2014.

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