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As Fidelity Corporate Services stated, bearer shares ‘represent the ultimate way of ensuring the anonymity of offshore company owners’. To better state the obvious, Fidelity articulated why corporations should maintain entities in tax havens: ‘Tax avoidance generally means creating and organising such business structure which would pay minimum possible amount of taxes without breaking the law. All international offshore financial services industry which is functioning on a legal basis is about tax avoidance and not about tax evasion.’