tax-haven
English Wiktionary. Available under CC-BY-SA license.
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tax haven - Investment & Finance Definition
A country that imposes little or no income taxes. Because of this, businesses in high tax countries find that operating in a tax haven saves a significant amount of money. The Cayman Islands and Bermuda are two countries that are tax havens. Generally businesses operating in tax havens also enjoy a great deal of privacy.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"Tax-haven." YourDictionary. LoveToKnow. www.yourdictionary.com/tax-haven.
APA Style
Tax-haven. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/tax-haven
