THE WORLD'S MOST POPULAR TAX PARADISES | LIST OF THE WORLD'S MOST NOTORIOUS TAX HAVENS [WORLD DATA]

Official lists of tax havens are constantly updated. In addition, many organizations also make their own lists, with different criteria. The best known of these is undoubtedly the Oxfam list.

The European Union, the World Bank, the International Monetary Fund and several other non-governmental organizations also maintain a list of tax havens according to their own criteria.

Here, the most common international lists have been summarized and compared. The result is a list of 70 countries that are considered tax havens according to the aforementioned lists.

The concept of "tax haven" is ambiguous and there is no clear definition of when a country can be considered such.

In essence, any place can be classified as a tax haven if it serves the interests of a person or company, even if it goes against accepted standards. From a less conventional perspective, even countries like Germany and the US can be seen as tax havens.

It is not just the fact that a country charges low taxes on certain sources of income that classifies it as a tax haven.

Tax evasion, such as the practice of "parking" funds in places that hide the money from tax authorities, is a common way of taking advantage of one's own country. Switzerland, for example, is often mentioned in this context because of its strict bank secrecy policy.

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All data is based on the site www.worlddata.info