Questions About the Costs of Tax Havensi
    X
    June 20, 2013 2:43 AM
    Tax havens are countries or territories that have low tax rates for businesses. Critics say some big companies transfer profits out of the countries on which their income depends to places where they are taxed at a lower rate. An investigation found that tax havens cost Africa $38 billion every year in lost taxes.

    Questions About the Costs of Tax Havens

    Published June 20, 2013

    Tax havens are countries or territories that have low tax rates for businesses. Critics say some big companies transfer profits out of the countries on which their income depends to places where they are taxed at a lower rate. An investigation found that tax havens cost Africa $38 billion every year in lost taxes.


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    by: fahd from: learning english
    June 22, 2013 5:48 PM
    thank you

    by: Seyha Oeung from: Phnom Penh
    June 21, 2013 12:06 AM
    what is the meaning of Tax Havens?
    In Response

    by: ader adencawl from: tromso norway
    June 26, 2013 4:56 AM
    tax havens means tax is the money the government takes the careers caming country from outside or it is the money govern takes the houses ,companies and everything to do something important like the salary of the employees of the gorvrment like ministers theachers n etc .............haven means huge tax that means a lot of money ...... thnk u all