Tax Havens

As Botswana operates on a territorial basis, companies in Botswana pay tax only on income that is derived from a source in Botswana.

Bolivia taxes individuals at the rate of 13% on their Bolivian-source income.

Belize offshore companies do not pay taxes on earnings from abroad. That is, no taxes on offshore dividends, capital gains, interest and business revenues.

Unlike most countries, Bahrain has no income tax system (so no tax legislation, no tax office employees and no tax returns).

Ascension island incorporated companies pay no tax. The island is an isolated volcanic island in the equatorial waters of the South Atlantic Ocean (midway between the horn of South America and Africa).

Aruba is both a transhipment point for drugs from South America bound for the United States and Europe, and for currency flowing in the opposite direction.

Antigua hosts, and taxes, companies whose business model depends on immunity from US intellectual property obligations.

Anguilla is a popular tax haven, having no capital gains, estate, profit or other forms of direct taxation on either individuals or corporations.

The banking sector, with its tax haven status, accounts for 19% of the economy. Andorra has long benefited from its status as a tax haven, with revenues raised exclusively through import tariffs.

Fugitives often use tax havens as a refuge when fleeing from jail, government arrest, government or non-government questioning, vigilante violence, or outraged private individuals.