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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Visegrad Countries Bad debt Customs Duty
EMS committal Council conclusions - EU
Domicile of origin Buy back Charities
Ademption Doli incapax Tax Evasion
HMI Economic Capital Billing
WIM Executrix-nominate Cash Flow
Collateralised Transactions Equity Rates Face time
Dongle Banana Problem Declaration Date
Voluntold Marketing Mix Diplomat
Financial economies Group Incentive Fringe time
Credit limit Peel the onion Venture Capital
Bank Statements GZIP Trade secret
Business Expenses Gaming Duty Deemed domicile

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

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