Tax sparing: Difference between revisions
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''Tax'' | ''Tax'' | ||
1. | |||
A particularly generous form of double tax relief which allows a tax credit in one country for a tax which has been "spared" - in other words not actually charged - in another country. | A particularly generous form of double tax relief which allows a tax credit in one country for a tax which has been "spared" - in other words not actually charged - in another country. | ||
2. | |||
A Euromarket term for debt that is covered by a double exemption from withholding tax under tax sparing, enabling lenders to offer favourable rates. | A Euromarket term for debt that is covered by a double exemption from withholding tax under tax sparing, enabling lenders to offer favourable rates. | ||
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* [[Double taxation relief]] | * [[Double taxation relief]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Revision as of 12:12, 13 May 2016
Tax
1.
A particularly generous form of double tax relief which allows a tax credit in one country for a tax which has been "spared" - in other words not actually charged - in another country.
2.
A Euromarket term for debt that is covered by a double exemption from withholding tax under tax sparing, enabling lenders to offer favourable rates.
