单词 | offshore |
释义 | offshore offshore a term used to describe vehicles or institutions based in, or regulated by, the laws of a jurisdiction that either has no tax or low tax for non-locals and that specialises in providing services of a financial or legal nature to persons and businesses 'onshore', that is to say, in high-tax jurisdictions. While many such jurisdictions are based on islands, which has brought about the terminology in a lit- eral sense, the littoral location of the investment is irrelevant. |
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