tax haven

noun

: a place where people go to live and companies go to operate in order to avoid paying high taxes

Examples of tax haven in a Sentence

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While Florida is considered a tax haven for retirees, the state actually has above-average sales and excise taxes, and the recent rise in housing costs have chipped away at its affordability. Thomas G. Moukawsher, Newsweek, 4 Mar. 2025 The Cayman Islands’ international status as a renowned tax haven presents an interesting advantage to affluent buyers. Emma Reynolds, Robb Report, 29 Jan. 2025 Citizens of the ritzy tax haven are Monegasque and their traditional language is also Monegasque (although most speak French). Gqlshare, Orange County Register, 15 Jan. 2025 During the early 20th century, as posh clubs and facilities were created to cater to outsiders, the Bahamas gained a reputation as a tourist destination and international tax haven. Sasha C. Wells / Made By History, TIME, 26 Dec. 2024 See All Example Sentences for tax haven

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“Tax haven.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20haven. Accessed 2 Apr. 2025.

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