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⍰ ASK What are the most common offshore tax havens used by businesses?

cryptohunter

cryptohunter

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Regular Visitor Posting Machine (1,000+ Posts) Forum Addict (500 Posts) Welcome to the Community
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The most common offshore tax havens used by businesses are:

  1. Bermuda
  2. Cayman Islands
  3. Isle of Man
  4. Jersey
  5. Mauritius
  6. Switzerland
  7. Hong Kong
  8. Singapore
  9. Dublin, Ireland
  10. Luxembourg
These jurisdictions offer low tax rates, favorable tax laws, and strict bank secrecy laws, which make them attractive to businesses looking to minimize their tax liability. However, it's important to note that the use of offshore tax havens has been subject to increased scrutiny in recent years due to concerns over tax evasion and avoidance.
 

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