Do you find yourself switching off when your Accountant starts talking about money laundering?
Avanti Accountants aim to speak with our clients in plain English, ensuring that when it comes to your accounts you’re switched on.
This week we are asking, what is a tax haven?
A tax haven aka a secrecy jurisdiction is a country or territory where taxes are low or even non-existent, banking secrecy allows money to be stashed away and completely hidden and where the supervision of banks is often poor. This allows individuals and companies worldwide to exploit the possibility of tax evasion, money laundering.