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⍰ ASK What role do Special Economic Zones (SEZs) play in offshore tax strategy?

cryptohunter

cryptohunter

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Special Economic Zones (SEZs) have a crucial role in offshore tax strategy by providing beneficial tax advantages and regulatory frameworks. They entice enterprises with decreased or non-existent taxes, promoting investment and economic engagement. SEZs aid in legitimate tax planning approaches, like tax-exempt areas for particular sectors or services. However, it is imperative for these frameworks to adhere to global norms in order to prevent any misappropriation, guaranteeing that SEZs make a positive impact on economic growth.
 

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