Is Trump’s USA the new tax haven?
17 Jul 2017

What exactly is a tax haven? As far as we are aware, there is no universally accepted definition. Typically, the term is used to describe a jurisdiction that offers favorable tax or other conditions. It is therefore a relative term. So relative to Indonesia, Singapore appears to be a tax haven. Relative to Singapore, the BVI appears to be a tax haven.

It’s important to point out however, that while there is no generally accepted definition of what constitutes a tax haven, some of the criteria that make such places attractive extend far beyond tax.

Advance your CPD minutes for reading this article, by signing up and using the CPD Wallet


You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.