“Among the reasons for this complexity [in international taxation] is the elusive nature of tax havens. A tax haven is not always immediately obvious. What makes a particular environment a tax haven is not invariably a low rate of tax, but relations with other tax regimes that permit the ultimate deflection of income to a low-tax environment with which the income may have little indigenous connection.” Joseph Isenbergh, International Taxation 16 (2000).
tax haven
tax haven. A jurisdiction, esp. a country, that imposes little or no tax on the profits from transactions carried on there or on persons resident there.
