{"id":1924,"date":"2014-03-14T04:38:02","date_gmt":"2014-03-14T08:38:02","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=1924"},"modified":"2020-06-24T06:48:18","modified_gmt":"2020-06-24T10:48:18","slug":"understanding-tax-havens","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/understanding-tax-havens\/","title":{"rendered":"Understanding Tax Havens"},"content":{"rendered":"
Living, working, or running a business internationally is not only exciting, but can provide lots of opportunities to reduce your tax commitments by levying international law.\u00a0 While all legal transactions should be handled by a qualified attorney, it\u2019s wise to understand where your options lie when looking for tax havens.<\/p>\n
A tax haven is an international territory or country where specific incomes receive little or no taxation at all.\u00a0 Because of this, individuals and corporations can form offshore trusts and other binding financial agreements that keep the assets in a lower or nonexistent tax bracket than if they remained in their country of origin.<\/p>\n
There are three criteria that make a country a tax haven:<\/p>\n
It\u2019s important to keep in mind that individual country regulations and laws are constantly changing, so a location that was originally a tax haven can eventually lose this status, like Andorra and Cyprus.<\/p>\n
That being said here is a list of common and well-known tax havens:<\/p>\n
Other locations to watch as emerging tax havens include the Northern Territory of the Australia, Gambia, Nairobi, and Latvia.<\/p>\n","protected":false},"excerpt":{"rendered":"
Living, working, or running a business internationally is not only exciting, but can provide lots of opportunities to reduce your tax commitments by levying international law.\u00a0 While all legal transactions should be handled by a qualified attorney, it\u2019s wise to understand where your options lie when looking for tax havens. A tax haven is an […]<\/p>\n","protected":false},"author":186,"featured_media":1977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[2],"tags":[22,29,177,204,241,406],"yst_prominent_words":[5227,2937,2064,1716,1922,4988,4463,6779,7200,7198,1764,6292,2079,2946,2061,4486,2168,2949,20763,7009],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1924"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=1924"}],"version-history":[{"count":1,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1924\/revisions"}],"predecessor-version":[{"id":6296,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1924\/revisions\/6296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=1924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=1924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=1924"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=1924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}