tax haven (redirected from Tax heaven)

Tax Haven

A country that offers individuals and businesses little or no tax liability.

Notes:

There are several countries in the Caribbean that are considered tax havens.

See also: Tax Evasion, Tax Shelter

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Tax haven

A nation with a moderate level of taxation and/or liberal tax incentives for undertaking specific activities such as exporting or investing.

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tax haven

A country or other political entity that offers outside businesses and individuals a climate of minimal or nonexistent taxation. In some cases, the low taxes apply not only to those levied by the tax haven itself but also to the possibility of reducing or avoiding taxes levied in the investor's home country.