Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax exile”

See all translations

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

Word of the Day

ellipsis

a situation in which words are left out of a sentence but the sentence can still be understood

Word of the Day

Euphemisms (Words used to Avoid Offending People)

by Kate Woodford,
March 04, 2015
​​​ We recently looked at the language that we use to describe lies and lying. One area of lying that we considered was ‘being slightly dishonest, or not speaking the complete truth’. One reason for not speaking the complete truth is to avoid saying something that might upset or offend people. Words and

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More