Double dip: Difference between revisions
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1. | 1. ''Economics.'' | ||
''Economics.'' | |||
A double dip recession is a period of declining gross domestic product, followed by a brief recovery and then a further period of decline. | A double dip recession is a period of declining gross domestic product, followed by a brief recovery and then a further period of decline. | ||
2. | 2. ''Tax''. | ||
''Tax''. | |||
Double dip referred to historical aggressive tax planning structures under which two tax deductions were claimed for essentially the same expenditure. For example in relation to certain cross border leasing arrangements. | Double dip referred to historical aggressive tax planning structures under which two tax deductions were claimed for essentially the same expenditure. For example in relation to certain cross border leasing arrangements. | ||
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== See also == | == See also == | ||
* [[Depression]] | |||
* [[Gross domestic product]] | * [[Gross domestic product]] | ||
* [[L-shaped recovery]] | |||
* [[Recession]] | * [[Recession]] | ||
* [[U-shaped recovery]] | |||
* [[V-shaped recovery]] | |||
* [[W-shaped recovery]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 07:18, 13 May 2020
1. Economics.
A double dip recession is a period of declining gross domestic product, followed by a brief recovery and then a further period of decline.
2. Tax.
Double dip referred to historical aggressive tax planning structures under which two tax deductions were claimed for essentially the same expenditure. For example in relation to certain cross border leasing arrangements.
