Secrecy jurisdiction

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Tax avoidance and tax evasion.

The term 'secrecy jurisdiction' is often used interchangeably with 'tax haven'.


However, some commentators distinguish secrecy jurisdictions from tax havens along the following lines:

  • Secrecy jurisdictions create regulation that they know is primarily of benefit and use to those not resident in their jurisdiction.
  • Secrecy jurisdictions create a deliberate, and legally backed, veil of secrecy that ensures that those from outside these jurisdictions, and making use of its regulation, cannot be identified to be doing so.


Source: Richard Murphy, Tax Research UK website


See also