tax haven
a foreign country or corporation used to avoid or reduce income taxes, especially by investors from another country.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use tax haven in a sentence
And Andorra is a tax haven with bargain luxury goods shopping and great ski slopes.
Up to a Point: Thanks to the Biggest Turkey, Uncle Sam | P. J. O’Rourke | November 27, 2014 | THE DAILY BEASTBritain has chosen to make itself a tax haven for dirty money.
Panama, responding to concerns that it had become a tax haven, in 2010 agreed to share more tax information.
Some 83 percent of top 100 publicly traded companies had tax-haven units in 2009, according to the GAO.
8 Ridiculous Tax Loopholes: How Companies Are Avoiding the Tax Man | Josh Dzieza | February 25, 2012 | THE DAILY BEAST
British Dictionary definitions for tax haven
a country or state having a lower rate of taxation than elsewhere
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for tax haven
A place that levies very low taxes or none at all on foreigners.
Notes for tax haven
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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