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What is the definition of “Tax Haven”?

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What is the definition of “Tax Haven”?

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A Working definition of tax haven is a jurisdiction that has no or at best, low, direct and indirect tax rates compared with the other jurisdictions. To complicate matters furthe, some high tax countries may offer similar advantages to classical tax havens for certain types of business. Presently there are more than 40 locations worldwide offering great benefits for offshore companies as tax havens.

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