A country offering very favorable tax laws for foreign businesses and individuals.

A nation with a moderate level of taxation and/or liberal tax incentives for undertaking specific activities such as exporting or investing.

A country or region imposing low or no taxes on foreign source income.

a financial center offering low taxes to non-residents, in which multinational companies are encouraged to set up offices.

A jurisdiction where local legislation provides for considerable tax exemptions for non-residents.

A tax haven is a place where certain taxes are levied at a low rate or not at all. This encourages wealthy individuals and/or firms to establish themselves in areas that would otherwise be overlooked. Different jurisdictions tend to be havens for different types of taxes, and for different categories of people and/or companies.

a slightly misleading term, since an offshore account does not actually protect individuals from paying income taxes

An international banking and financial centre providing privacy and tax benefits.

tax lien Taxpayer Relief Act of 1997