The French term 'paradis fiscal' translates to 'tax haven' and refers to countries with low to no taxation, often criticized and used pejoratively. It is associated with negative connotations, especially among protest groups in France where activists highlight the inequality of tax systems. Officially, it appears on blacklists from organizations like the OECD and the EU. These tax havens primarily serve the wealthy, while the average person typically cannot afford to benefit from such financial loopholes.
Il a transféré son entreprise dans un paradis fiscal pour gagner rapidement beaucoup d'argent. - He moved his company to a tax haven to build up a lot of money quickly.
Le grand public n'a probablement pas les moyens de vivre dans un paradis fiscal. Ils sont destinés aux ultra-riches. - The average person probably can't afford to live in a tax haven. They're meant for the ultra-rich.
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