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tax haven

/ˈtæks heɪvn/noun

उच्चारण टैक्स हेवन

कर-स्वर्ग, टैक्स हेवन (कम कर वाला देश या स्थान)

Advanced word

noun
  1. 1

    [C] sometimes disapproving

    a country or place where taxes are low, and where people choose to live or officially register their companies to avoid paying higher taxes in their own countries

    कर-स्वर्ग, टैक्स हेवन (कम कर वाला देश या स्थान)

    • The investigation found that the money had been hidden in offshore tax havens.
    • Some small island nations are well-known tax havens.
?Which word?

Do not confuse haven (a place of safety) and heaven (the place where God is believed to live), so the correct phrase is tax haven, not 'tax heaven'.

Haven (सुरक्षित स्थान) और heaven (स्वर्ग) में भ्रम न करें, इसलिए सही phrase tax haven है, 'tax heaven' नहीं।