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Why Do Tax Havens Exist?
by Alia Kapoor Business Development Manager
Alia Kapoor 
Business Development Manager
Tax avoidance is reduction in taxes by legal means whereas evasion is tax avoidance by illegal means. In this context, a tax haven is a territory where certain taxes are levied at a much lower rate or not at all while offering due process, good governance and low corruption rate.
http://www.letscomply.com/knowledge-hub/2015/07/11/why-do-tax-havens-exist/
Nov 9th 2015 04:02
Business Development ManagerTax avoidance is reduction in taxes by legal means whereas evasion is tax avoidance by illegal means. In this context, a tax haven is a territory where certain taxes are levied at a much lower rate or not at all while offering due process, good governance and low corruption rate.
http://www.letscomply.com/knowledge-hub/2015/07/11/why-do-tax-havens-exist/Nov 9th 2015 04:02
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