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tax haven

noun
🔊/ˈtæks heɪvn/
🔊/ˈtæks heɪvn/
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  1. a place where taxes are low and where people choose to live or officially register their companies because taxes are higher in their own countries避税地，避税港（人们愿意居住或注册公司的低税率地方）Topics Moneyc2