tax haven

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English[edit]

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Noun[edit]

tax haven (plural tax havens)

  1. A country or province that levies low taxes on foreign businesses.
    • 2013, Simon Jenkins, Gibraltar and the Falklands deny the logic of history (in The Guardian, 14 August 2013)[1]
      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.

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