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tax haven
(redirected from Tax havens)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.01 sec.
See: shelter


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A 2004 report by the Center for Public Integrity uncovered at least 882 oil and gas subsidiaries based in tax havens like the Cayman Islands and Bermuda; in its pre-bankruptcy days, Enron incorporated 780 such vehicles to mitigate taxes and stand above the law, as the prosecution is trying to detail in the current trial of former chiefs Kenneth Lay and Jeffrey Skilling.
Carole Migden, D-San Francisco, would tax companies headquartered in tax havens such as the Cayman Islands and Bermuda that do business in California.
a company that enables online money transfers - for account information for American taxpayers who have bank accounts, credit cards or debit cards issued by financial institutions in more than 30 countries reputed to be tax havens.
 
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