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By Mary Carroll, Contributing Reporter

RIO DE JANEIRO, BRAZIL – In a study The Price of Offshore Revisited, commissioned by the Tax Justice Network (TJN), it was estimated that Brazil’s richest have approximately US$520 billion worth deposited in tax havens. Brazil comes in fourth place only after China (US$1.18 trillion), Russia (US$798 billion) and South Korea (US$779 billion).

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