tax haven

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tax haven

n
(Banking & Finance) a country or state having a lower rate of taxation than elsewhere
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax haven - a country or independent region where taxes are low
country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries"
Translations
veroparatiisi
paradiso fiscale
raj podatkowy
skatteparadis

tax haven

nparadiso fiscale
References in periodicals archive ?
Since then, a multilateral system including many tax haven countries for the automatic exchange of information on financial accounts held by non-residents between the authorities is being steadily constructed.
Lastly, tax haven countries would likely be opposed to SFA, because their strategies to attract wealthy U.
Blacklists also ignore legitimate and substantive transactions that occur in tax haven countries.
The Government has taken several effective measures, both by way of policy-level initiatives as well as through more effective enforcement action on the ground, to address the issue of black money, including entry of black money in the country from tax haven countries.
The Federal Board of Revenue (FBR) has said that the formation of an offshore company anywhere, including tax haven countries, by any Pakistani resident with legal money is not illegal.
On Friday, officials from the Group of 20 major economies, known as the G-20, pledged to share information on tax evaders and threatened to penalize tax haven countries that do not comply with the effort to reduce tax mismatches between countries.
That is why it is not correct to say that tax haven countries will not be able to provide assistance, Henares said.
Purely from a tax perspective we have to be aware of the changing global tax landscape which is becoming increasingly hostile to tax haven countries.