12∞ · Question 8.6.2
What is a tax haven?
A jurisdiction offering very low taxes and strong secrecy to outsiders, so that companies and individuals can record their profits there instead of where they were earned.
From the book 12∞ Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.
Where it sits in the book
- Part
- 8: Hidden, Suppressed, Forgotten, or Misunderstood
- Gate
- 8.6: Money in the Shadows
- In print
- Page 268
- ← 8.6.1 · How much wealth is hidden offshore?
- 8.6.3 → · What is regulatory capture?
- All of Part 8
Topics
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