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Glossary > T > "Tax exile" Definition

Tax exile

A wealthy person who lives outside his/her own country in order to minimise taxes. Such countries which operate a low rate of tax are known as tax havens.

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Tax exile - A wealthy person who lives outside his/her own country in order to minimise taxes. Such countries which operate a low rate of tax are known as tax havens.

Tax exile : a wealthy person who lives outside his/her own country in order to minimise taxes. such countries which operate a low rate of tax are known as tax havens.