Preferential

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Revision as of 14:45, 23 April 2023 by imported>Doug Williamson (Created page with "1. ''Insolvency - liquidation - claims - trade - taxation.'' Advantageous or more favourable. For example, a preferential creditor enjoys priority over most other creditors...")
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1. Insolvency - liquidation - claims - trade - taxation.

Advantageous or more favourable.

For example, a preferential creditor enjoys priority over most other creditors in an insolvency.


2. Taxation - anti-avoidance.

Excessively favourable, so as to cause international harm.


See also