English version

offshore banking

From Longman Business Dictionaryoffshore bankingˌoffshore ˈbankingBANKINGTAX when banks are based abroad in a country where you pay less tax than in your own countryGovernment officials dislike the rise of offshore banking.Cyprus is becoming an international offshore banking center. banking
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.