- tax loophole shelter
- податкова пільга, податковий прихисток
English-Ukrainian law dictionary.
tax loophole shelter
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loophole — A technicality in some legislation or regulation that makes it possible to avoid certain consequences or circumvent a rule without breaking the law, such as in the use of a tax shelter. Bloomberg Financial Dictionary * * * loophole loop‧hole… … Financial and business terms
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loophole — In taxation, a provision in the tax code by which a taxpayer may legally avoid or reduce his income taxes. For example, prior to the Tax Reform Act of 1986, a tax shelter was an effective loophole in reducing an individual s taxes; however, with… … Black's law dictionary
loophole — In taxation, a provision in the tax code by which a taxpayer may legally avoid or reduce his income taxes. For example, prior to the Tax Reform Act of 1986, a tax shelter was an effective loophole in reducing an individual s taxes; however, with… … Black's law dictionary
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