Business Terms and Jargon Explained

What is Offshore

This term is used to describe legal vehicles or institutions that operate in countries with no or low tax. This allows non-residents to take advantage of the tax laws through appropriate vehicles or institutions. e.g trusts and companies.

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Core Competences Quantize Garnishment
Deferment Account Above-board Resource Allocation
Administratrix Discretionary Fiscal Policy Financial economies
Leu Keyman / keywoman insurance Free on board
Balance of trade (BOT) Company Director service agreement Ad Valorem
Plaintiff Vexatious Litigant Privilege
Visa Pension Contributions IOU
JCO Taka Insider selling
Chargeback Artificial Intelligence Third Country
Bubble OEIC Pari passu
Regressive Tax Uncollected funds Functional Fexibility
Lessee NES Sub modo
Fixer Goods Ex-Works

Term created / updated 2006-02-14 18:15:25

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