cryptohunter
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Offshore tax havens are considered legal because they provide financial privacy and often have laws and regulations that allow for favorable tax treatment for individuals and businesses. Making them illegal would require international cooperation and changes to existing laws and agreements, which can be a complex and difficult process. Additionally, some countries see these tax havens as a source of revenue through financial services and tourism, making it difficult to push for their illegalization. The UK and other governments have taken steps to crack down on tax avoidance and evasion through offshore tax havens, but it remains a ongoing challenge due to the global nature of finance and the ongoing need for tax revenue.
