# Offshore financial centres

URL: https://www.transparency.org/en/corruptionary/offshore-financial-centres
Type: Corruptionary
Published: 2019-12-23
Updated: 2020-04-25

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Countries or jurisdictions, sometimes called ‘fiscal paradises’ or ‘tax havens’, provide financial services to non-residents on a disproportionate scale to the domestic economy as a result of financial incentives, such as minimum government interference and very low or zero tax rates