Channel Islands

Offshore Financial Centres
Centres that provide advantageous deposit and lending rates to non-residents due to low taxation, liberal exchange controls, and low reserve requirements for banks. These centres often serve as tax havens, offering economic appeal while reducing customers' tax liabilities legally.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.