system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: What do tax havens get out of being tax havens?
gpt
Money and employment. A tax haven doesn't mean zero taxes, it simply means lower taxes. For multi million or billion dollar companies and individuals saving a few percent is a lot of money. As a tax haven, the region can develop a much larger financial services, legal and administration centers - since running businesses through a tax haven requires these personnel. This, of course, benefits the country and economy of the tax haven.