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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).

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