Generally considered to be a foreign country that offers foreign individuals very low “effective” taxation rates. While there is no set definition of a tax haven country, some common characteristics are low to no income taxes, minimal financial reporting, no obligation of transparency, and lack of a requirement to be a citizen of the country to utilize financial services.
Tax Haven
Market Terms
We don't know everything about the markets. We're just devoted to learning. Taken from those smarter than ourselves, here's how we define Tax Haven.