tax haven
noun
Definition of tax haven
: a place where people go to live and companies go to operate in order to avoid paying high taxes
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Word by Word Definitions
taxplay
: a charge usually of money imposed by authority on persons or property for public purposes
: a sum levied on members of an organization to defray expenses
: a heavy demand
: to levy a tax on
: to make onerous and rigorous demands on
: charge, accuse
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havenplay
: harbor, port
: a place of safety : refuge
: a place offering favorable opportunities or conditions
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