Tax Exile

A person who resides outside his/her country of citizenship in order to avoid paying taxes in that country. For example, one may earn most of one's income from a business in France but actually live in Monaco, where there are no taxes. Tax exiles often may not go to their home country more than a certain number of days per year in order to avoid taxes legally. American citizens may not be tax exiles legally unless they leave the United State, earn no money in the United States, and renounce their citizenship.

单词	tax exile
释义	tax exile tax exile n a person having a high income who chooses to live abroad so as to avoid paying high taxes Tax Exile Tax Exile A person who resides outside his/her country of citizenship in order to avoid paying taxes in that country. For example, one may earn most of one's income from a business in France but actually live in Monaco, where there are no taxes. Tax exiles often may not go to their home country more than a certain number of days per year in order to avoid taxes legally. American citizens may not be tax exiles legally unless they leave the United State, earn no money in the United States, and renounce their citizenship.
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