tax havens

Explain any 5 ways in which corporations can use tax havens to avoid corporate income taxes in their home countries.

Page 3of 3Marking schemeQuestion 1: What are tax havens? (5 marks) Choose a tax haven of your choice (list above) and highlight any 5advantages that it offers in comparison to other countries that helps it attract offshore funding.(25 marks) For instance, low or zero tax rates, banking secrecy etc. Be concrete and specific with regard […]

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