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.

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. “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