Offshore: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Lower case 'yen'.) |
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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 | For example, a holding of Japanese yen in the United States (which would also be known as 'Euroyen'). | ||
Revision as of 15:36, 3 May 2018
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.
