A tax heaven is a country that gives income tax exemptions to firms that export all or part of its products.

Name: A tax heaven is a country that gives income tax exemptions to firms that export all or part of its products.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

A tax haven is a country with an exceptionally low, or even no, income tax. International businesses avoid or defer income taxes by establishing a wholly owned, non-operating subsidiary in the tax haven.

A Tax Heaven Is a Country That Gives Income Tax