Answer-What is meant by Tax haven?

A country that gives foreign citizens the facility to invest in their country and do not pay any tax on the profit earned by the invested money. Mauritius and Cyprus provide this facility.

Question

What is meant by Tax

haven?

A A country which gives tax exemptions to the foreign citizens.

B Subsidy given by the government in taxes

C Tax evasion in the domestic country

D To impose equal taxes on domestic producers and foreign producers

E None of the above

Practice Next

More Economic and Social Issues ESI Questions

Which method is commonly used to propagate Gerbera plants?
Which one of the following is the most productive soil in India?
In shifting cultivation, the shifting cycle has been shrunk to about 5 years or even below 5 years, mainly due to
Genetic material in tobacco mosaic virus is:
In which method of seed sowing, seed is manage to sown at required depth in a

hole?
Which mycoherbicides is used against the Joint vetch (Aeschyomone virginica) weed in rice, soybean?
Which organization provides the list of agriculture products that are banned or restricted for import/export in India?
Which chromosome model was proposed by Du Praw on the basis of observation made on Human Chromosome?
There are four stages in the functional growth of a market. Match the correct options:

Which scientific research institution is established to provide

vocational training to farmer and field level extension workers?

Relevant for Exams:

NABARD GRADE A

What is meant by Tax

Solution

Relevant for Exams: