Tax havens in transition: how traditional low-tax jurisdictions are reshaping their models
- World Tax & Law Editorial Team
- 11 hours ago
- 2 min read
For decades, certain jurisdictions have been characterised by low or zero taxation, high financial secrecy and regimes designed to attract international capital. Today, however, the global tax landscape is undergoing a profound transformation. Pressure from the OECD, the G20 and regional bodies —combined with the internal economic needs of many of these territories— is pushing classic tax havens to reinvent themselves. The era of traditional offshore centres is fading, giving way to jurisdictions that aim to remain competitive while aligning with modern transparency and substance standards.
