Business, Legal & Accounting Glossary
A type of tax shelter that is used for the purpose of creating tax shelters from large losses that appear to be real. Oftentimes these are designed by the use of a shell company that performs many complex financial transactions and then creates large accounting losses that are much higher than the actual losses that may have been incurred.
OPIS
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Definitions for Offshore Portfolio Investment Strategy are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.