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Is Andorra a Tax Haven?

There is no consensus on whether Andorra is a tax haven or not. The European Union and the Organization for Economic Cooperation and Development (OECD) usually do not consider Andorra as a fiscal paradise since 2018.

On the other hand, the NGO Oxfam International keeps Andorra one of many 73 countries considered tax havens because of low tax pressure, and at length lower

Is Andorra a Tax Haven?

There is not any consensus on whether Andorra is a tax haven or not. EUROPE and the business for Economic Cooperation and Development (OECD) usually do not consider Andorra as a fiscal paradise since 2018.

On the other hand, the NGO Oxfam International keeps Andorra one of many 73 countries considered tax havens due to low tax pressure, and at length lower percentage of