Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax exile”

tax exile

noun
 
 
TAX
[C] a rich person who lives in a particular country because taxes there are lower than in their own: Monaco has long been a popular haven for tax exiles.
[U] a situation where a rich person lives in a particular country because taxes there are lower than in their own: His appointment was only approved after he agreed to give up his tax exile and become resident in France.go into/live in tax exile The successful entrepreneur declared his commitment to paying millions of euros in tax rather than going into tax exile. He was named the richest man in Britain in the mid-90s despite his tax exile status.
(Definition of tax exile from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax exile?
Add Cambridge dictionaries to your browser to your website

Definitions of “tax exile” in other dictionaries

Translations of “tax exile”

Word of the Day

debut

the occasion when someone performs or presents something to the public for the first time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More