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I find it difficult to see why citizens should be treated any different then corporations whe it comes to their ability to shelter offshore income from the IRS. Some in fact engage in "buy-back" transactions but they must be very careful at tax time. [EMAIL PROTECTED] U.S. Companies File in Bermuda to Slash Tax Bills February 18, 2002 By DAVID CAY JOHNSTON A growing number of American companies are incorporating in Bermuda to lower their taxes sharply without giving up the benefits of doing business in the United States. http://www.nytimes.com/2002/02/18/business/18TAX.html?ex=1015008814&ei=1&en=5d783cc573d595c3 HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact [EMAIL PROTECTED] or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to [EMAIL PROTECTED] Copyright 2002 The New York Times Company
