Tax havens are countries or territories where individuals or businesses can pay low or no taxes. They have been the subject of controversy because they are often used by wealthy individuals and corporations to avoid paying taxes in their home countries. This can result in lost revenue for governments and can contribute to income inequality.
Critics argue that tax havens enable tax evasion and money laundering, while supporters argue that they promote economic growth and investments.
Critics argue that tax havens enable tax evasion and money laundering, while supporters argue that they promote economic growth and investments.
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