tax haven

US /ˈtæks ˌheɪ.vən/
UK /ˈtæks ˌheɪ.vən/
"tax haven" picture
1.

paradiso fiscale

a country or independent area where taxes are levied at a low rate.

:
Many wealthy individuals use a tax haven to minimize their financial obligations.
Molti individui facoltosi utilizzano un paradiso fiscale per minimizzare i loro obblighi finanziari.
The company moved its headquarters to a tax haven.
L'azienda ha trasferito la sua sede in un paradiso fiscale.