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- A tax haven is a country, which provides a no-tax or low-tax environment. The U.S. is considered a tax haven by some countries. In some offshore jurisdictions the reduced tax regime is aimed towards entities organized in the country with all operations occurring outside the country. These countries seek to encourage investment and make up revenue losses by charging a variety of fees for the start up of the entity and on an annual basis.
IRS - Cite This Source - This Definition - Browse Related Terms: Fictitious Invoices, Offshore Promoter, Red Cross Scheme