What are Tax Havens | How do they work | How the Wealthy Hide Billions?

Companies like Apple, Nike, Walmart have been saving billion-dollar taxes every year! But how? The answer is simple – Tax Haven! A tax haven is usually an offshore country that offers foreign individuals and businesses little or no tax liability. These companies have situated their subsidiaries in countries like Ireland, Bahamas, Cayman Island where the taxes are quite low. This video would help you understand what is a tax haven? How corporates legally save taxes? How do Tax Haven Countries earn despite low taxes?

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