zero tax
Complete fiscal exemption
Zero tax describes a situation where no tax is owed or charged.
It may refer to income that falls below taxable thresholds, items exempt from sales tax, or jurisdictions that impose no tax on certain activities: a zero tax rate on capital gains, zero tax liability after deductions.
Tax havens sometimes advertise zero tax policies to attract businesses or wealthy individuals.
- exemptionRelease from requirement
- loopholeExploitable gap in rules
- havenShelter from danger
- offshoreAway from land
- offshore accountMoney held abroad
shelter · shell company · deduction · write-off · creative accounting · evasion · avoidance · untaxed · bracket · refund · paradise · accountant · April · IRS · audit · income · corporate · dodge
zero taxtax burden
Amount owed to government
overtaxed · tax liability · taxable · tax obligation · wealth tax
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