# Tax haven

- Canonical URL: https://www.gerhardmerk.de/tax-haven
- Post ID: 591607
- Modified: 2023-07-25T21:13:48+00:00
- Language: en

## Definition

Areas that levy significantly lower tax rates than their neighbors and thus attract mainly high income earners and wealthy individuals. - In Germany before 1914, the cities of Bonn and Wiesbaden were considered tax havens thanks to low surcharges on income tax. Many retirees from other cities moved there for this reason. - A nation with tax incentives for undertaking specific activities such as investing or exporting. - As of around 2007, also said of states - such as Luxembourg, Austria, Lichtenstein or Switzerland - that do not cooperate at all or only insufficiently with foreign authorities in tax penalty matters. At the G20 summit in London in April 2009, it was agreed to blacklist such countries, thus exposing them to international condemnation. - See corporate oasis, Helvetophobia, offshore financial center, tax dumping. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1