Definitions
There is 1 meaning of the phrase
Tax Haven.
Tax Haven - as a noun
A country or independent region where taxes are low
Example Sentences
"The small island nation is known as a tax haven for wealthy individuals and corporations."
"Many multinational companies set up subsidiaries in tax havens to minimize their tax liabilities."
"Some argue that tax havens contribute to global inequality by enabling the super-rich to evade taxes."
"The government announced new measures to crack down on tax havens and prevent tax evasion."
"Offshore banks in tax havens offer secrecy and low tax rates to attract foreign investors."