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tax exile

   Also found in: Financial, Wikipedia 0.01 sec.
tax exile
n
a person having a high income who chooses to live abroad so as to avoid paying high taxes


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Veteran French rock star Johnny Hallyday has no plans to end his spell as a Swiss tax exile, even if Switzerland moves to abolish lucrative tax breaks for rich foreigners.
PAC chairman Bernard Allen said the tax exile scheme annoys ordinary people who have tax deducted every week.
He promised to return to the UK after his nomination for a peerage was rejected in 1999, in part because of his status as a tax exile.
 
 
 
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