tax haven

English

Etymology

Compound of tax +‎ haven.

Noun

tax haven (plural tax havens)

  1. (law, business, taxation) A jurisdiction that levies low tax rates on certain economic activities, especially to attract wealthy individuals and foreign businesses.
    • 2013 August 14, Simon Jenkins, “Gibraltar and the Falklands deny the logic of history”, in The Guardian‎:
      Such colonies claim to be "more British than the British", except that they pay no UK tax and act as tax havens for funds from Britain. Gibraltar has made a particular specialism of internet gambling.

Translations

See also
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