Offshore: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 21/8/13) |
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1. | 1. | ||
The siting of a currency asset in a location other than the country of which the currency is the domestic currency. | The siting of a currency asset in a location other than the country of which the currency is the domestic currency. | ||
For example, a holding of Japanese Yen in the United States (which would also be known as 'Euroyen'). | For example, a holding of Japanese Yen in the United States (which would also be known as 'Euroyen'). | ||
2. | 2. | ||
The term is also used in the context of transactions with a company resident in a tax haven, or about a company itself resident in a tax haven. | The term is also used in the context of transactions with a company resident in a tax haven, or about a company itself resident in a tax haven. | ||
== See also == | == See also == | ||
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* [[Finance vehicle]] | * [[Finance vehicle]] | ||
* [[Tax haven]] | * [[Tax haven]] | ||
Revision as of 15:02, 21 August 2013
1.
The siting of a currency asset in a location other than the country of which the currency is the domestic currency.
For example, a holding of Japanese Yen in the United States (which would also be known as 'Euroyen').
2.
The term is also used in the context of transactions with a company resident in a tax haven, or about a company itself resident in a tax haven.