A B C D E F G H I J K L M N O P Q R S T U V W Z

Tax Haven

A tax haven is a country or territory where certain taxes are levied at a lower rate or not at all. Individuals and businesses can use tax havens to reduce their tax liability. Tax havens often have low or no taxes on income, capital gains, estate, and inheritance. They may also offer secrecy laws that prevent disclosure of information about taxpayers and their assets.