tax haven

1. N-COUNT A tax haven is a country or place which has a low rate of tax so that people choose to live there or register companies there in order to avoid paying higher tax in their own countries. 避稅地 (指稅率較低的國家或地區)[商業]

The Caribbean has become an important location for international banking because it is a tax haven. 加勒比海地區因其爲避稅安樂窩已成了國際銀行業重地。