Question
Which of the following centers primarily offer tax and
regulatory advantages to businesses and individuals?Solution
Offshore financial centers: Offshore financial centers (OFCs) are jurisdictions that provide tax and regulatory advantages to businesses and individuals. These are centres that are primarily tax havens for wealth management and global tax management rather than providing the fully array of international financial services. Examples include the Cayman Islands, Bermuda, and the British Virgin Islands. These centers offer low taxes, minimal regulation, and strict secrecy laws that make them attractive to those seeking to reduce their tax burden or conceal their financial activities. However, OFCs have faced criticism for facilitating tax evasion and money laundering.
In a certain language,
'pl zs ls' means 'conspiracy was hatched',
'uq al bg' means 'would replace him'
'bg kr ls' means ‘him as h...
In a certain code, 'th bn ki' means 'show that particle', 'ki bx ok' means 'particle dropped from' and 'th uj yu' means ‘dropped show end'. What is th...
If G = 7 and SOUR = 73, then YEAR = ?
In a certain code language, ‘time taken to’ is coded as ‘428’. Similarly, ‘taken complete work' is coded as ‘723&rsq...
In a certain code language, ‘WATER’ is written as ‘61058’, and ‘MUSIC’ is written as ‘32993’. How will ‘FLOUR’ be written in that la...
In a certain code language ‘CURFEW’ is coded as ‘EWTHGY’ then, what is the code for ‘MAGNET’ in the same code language?
In a certain code language, RIVER is coded as QHTFS and MAGMA is coded as LZENB. In the same code language, how will TOWER be coded as?
In a certain code language ‘SCREW’ is written as ‘RBQFV’ and ‘PEACH’ is written as ‘OFBBG’. How is ‘TOKEN’ written in that code? �...
In a certain code language, ‘HABILITATION’ is written as 'IBAHATILNOIT', and 'OBJECTIFYING' is written as ‘ITASCAFSYROT’. How will 'PACIFICATION...
Which word is coded as ' jk '?