Tax havens are countries where the rate of tax is lower than in the home country. A TNC locates itself in
a tax haven to avoid high taxation in the home country. Locations such as the Bermuda Islands, Vanuatu,
the Cayman Islands and Bahrain have no or lower taxes, whereas others like Switzerland, the Solomon
Islands and countries such as Brazil and Luxembourg permit special privileges. In order to benefit from
a tax haven, a TNC sets up a subsidiary there in order to evade payment of high-income tax.
Tax Treaties: The Elimination of Double Taxation
The primary purpose of tax treaties is to prev ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month, and much more.
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.