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Tax haven

British pronunciation/tˈaks hˈeɪvən/
American pronunciation/tˈæks hˈeɪvən/
Tax haven
[NOM]
1

paradis fiscal

a country with stable economy that offers foreigners zero or near zero tax rates
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Exemples
1. Tax havens, shell companies were all illegal up to 1980.
2. - Tax havens are legal.
3. Global North countries control the global tax havens.
4. - American politicians and lawmakers have long criticized tax havens in smaller countries.
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