Did you know? Half of the world’s largest tax havens are based out of Europe. At times, the term Tax Haven becomes subjective, in the sense, for some a ‘pure’ tax haven is a country or region where no tax is paid (personal, profession or whatsoever).
For some with a broader scope, the definition ‘Tax Haven’ is defined as a region or countries where the corporate tax rates are comparatively low. A perfect example would be the Netherlands, Ireland, Switzerland and more.