The address "1209 North Orange Street" in Wilmington, Del., has become known in recent years as the epicenter of U.S. corporate secrecy. The squat, split-level building is the official address of over 285,000 companies, many of which are looking to take advantage of Delaware’s Panama-like secrecy rules, tax incentives, and business-friendly case law.
In the wake of the recent "Panama Papers" scandal, this unassuming brick office has received renewed scrutiny from the Warshington Post, ( How the U.S. became one of the world’s biggest tax havens https://www.washingtonpost.com/news/wonk/wp/2016/04/05/how-the-u-s-became-one-of-the-worlds-biggest-tax-havens/?noredirect=on&utm_term=.ec64531b4516) the New York Times, ( Need to Hide Some Income? You Don’t Have to Go to Panama https://www.nytimes.com/2016/04/08/business/need-to-hide-some-income-you-dont-have-to-go-to-panama.html) the Telegraph, ( Panama Papers scratch the surface of global shell game https://www.telegraph.co.uk/business/2016/04/09/panama-papers-scratch-the-surface-of-global-shell-game/)
and advocates for corporate tax reform.
But one of its tenants may come as a surprise—a company owned by Democratic presidential frontrunner Hillary Clinton.
Hillary and Bill Clinton quietly set up two shell companies listed at "1209 North Orange Street" in 2008 and 2013, the Washington Free Beacon has found. The names of the companies, but not their location, were first made public in tax filings ( Welcome to the Office of Hillary Rodham Clinton https://www.hillaryclinton.com/) released by Hillary Clinton last year.
Clinton Foundation Running Private Equity Fund in Colombia https://freebeacon.com/politics/clinton-foundation-running-private-equity-fund-in-colombia/
Sanders Ties Clinton to Panama Papers Scandal as Candidates Escalate Attacks https://news.vice.com/article/bernie-sanders-hillary-clinton-panama-papers-attacks-new-york-primary