HomeServicesBlogDictionariesContactSpanish Course
← Back to search

Meaning of tax haven | Babel Free

Noun CEFR B2

Definitions

A jurisdiction that levies low tax rates on certain economic activities, especially to attract wealthy individuals and foreign businesses.

Equivalents

Examples

Such colonies claim to be "more British than the British", except that they pay no UK tax and act as tax havens for funds from Britain. Gibraltar has made a particular specialism of internet gambling.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

Learn this word in context

See tax haven used in real conversations inside our free language course.

Start Free Course

Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free