Definition of 'tax haven'
Word Frequency
tax haven in Finance
(tæks heɪvən)Word forms: (regular plural) tax havens
noun
(Finance: Tax)
A tax haven is a country or place that has a low rate of tax so that people choose to live there
or register companies there in order to avoid paying higher tax in their own countries.
The Caribbean has become an important location for international banking because
it is a tax haven. A tax haven is a foreign country or corporation used to avoid or reduce income taxes, especially
by investors from another country. A tax haven is a country or place that has a low rate of tax so that people choose to live there
or register companies there in order to avoid paying higher tax in their own countries.
Collins English Dictionary. Copyright © HarperCollins Publishers
Example sentences containing 'tax haven'
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Trends of 'tax haven'
Used Rarely. tax haven is in the lower 50% of commonly used words in the Collins dictionary
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Translations for 'tax haven'
British English: tax haven NOUN
A tax haven is a country or place which has a low rate of tax so that people choose to live there or register companies there in order to avoid paying higher tax in their own countries.
The region has become an important location for international banking because it is a tax haven.
- American English: tax haven
- Brazilian Portuguese: refúgio fiscal
- Chinese: 避税地 >指税率较低的国家或地区
- European Spanish: paraíso fiscal
- French: paradis fiscal
- German: Steuerparadies
- Italian: paradiso fiscale
- Japanese: タックスヘイブン
- Korean: 조세 피난지 >세제상 특전이 많은 지역
- European Portuguese: refúgio fiscal
- Spanish: paraíso fiscal
Nearby words of 'tax haven'
Source
Definition of tax haven from the
Collins English Dictionary
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