Traditional Culture Encyclopedia - Traditional culture - How do you say "tax haven" in English?
How do you say "tax haven" in English?
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"Tax haven" (non-cooperative tax havens) refers to a number of offshore financial centers without financial control, generally located in the beautiful scenery of the islands and ports, political stability, tax concessions. The traditional tax haven refers to Switzerland, Liechtenstein, Luxembourg, Western Samoa, Bermuda, the Bahamas and the British Virgin Islands and other 43 countries or regions. The total financial assets deposited and managed here **** about 10 trillion dollars. 50% of the world's funds through these tax havens transit. Foreign Ministry: opposes listing Hong Kong and Macau as tax havens
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From the webpage of China's Ministry of Foreign Affairs
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