tax-haven

tax haven

noun
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 Dictionary, © Random House, Inc. 2014.
Cite This Source Link To tax-haven
Collins
World English Dictionary
tax haven
 
n
a country or state having a lower rate of taxation than elsewhere

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
American Heritage
Cultural Dictionary

tax haven definition


A place that levies very low taxes or none at all on foreigners.

Note: Monaco and various small Caribbean island nations are famous as tax havens.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature