(08) 9337 4464
Search

Tax Havens

Oldest Tax Haven

Switzerland was the first "true" tax haven and became a tax haven immediately following World War I.

What is a Tax Haven?

The term most commonly refers to those countries or jurisdictions that have a low-tax or no-tax regime or which offer generous tax incentives.

Cyprus

To secure a financial assistance package necessary to keep the banking system afloat, in 2013 the country agreed to unprecedented terms with the EC, the European Central Bank and the IMF.

British Virgin Islands

Although there is still technically income tax assessed in the British Virgin Islands, the rate of taxation has been set at zero.

Mauritius

Mauritius was predominantly an Indian tax haven. Between April 2000 to March 2016, financiers channeled $95.9bn of Indian investments through Mauritius. 

Dubai

Dubai is a nil-tax zone and does not have any federal corporate taxes, personal taxes or withholding taxes. As it is categorized as a zero-income tax state it is not on the G20’s taxation “black list.”

Barbados

The Barbados Government is seen as business-friendly and economically sound with Barbados maintaining the third largest stock exchange in the Caribbean region.

Netherlands

Netherlands is a tax haven because income from capital gains, dividends derived from qualifying subsidiaries, and income attributable to a foreign business enterprise, is exempt.

Ireland

Ireland’s economic and taxation policies favour corporations invested in research, development and innovation.

Bermuda

Google is known to have shifted over $10 billion in revenue to its Bermuda subsidiary utilising the "Double Irish" and "Dutch Sandwich" tax avoidance strategies.

Archives