Exchange Currency

bottom of the harbor scheme

A tax avoidance strategy that involves the stripping of a company's assets and then selling the company a number of times so that the assets are harder to trace.

Related information about bottom of the harbor scheme:
  1. What is bottom of the harbor scheme? definition and meaning
    Definition of bottom of the harbor scheme: A tax avoidance strategy that involves the stripping of a company's assets and then selling the company a number of ...
     
  2. What is bottom? definition and meaning
    rock bottom · bottom feeder · bottom line · rising bottoms · double bottom · ascending bottoms · bottomland · bottom of the harbor scheme · descending triple ...
     
  3. What is bottomland? definition and meaning
    bottomland. bottom of the harbor scheme · bottomry. Definition. Low land near a river, lake or stream which is often flooded. Also refers to land in a valley.
     
  4. A Small Pension Step - Readers' Comments - City Journal
    Apr 5, 2012... avoidance device known as the Bottom of the Harbor scheme in the late 1970s which provoked some heavy retrospective legislation which I ...
     
  5. Asset Stripping - Definition of Asset Stripping - QFINANCE
    Dictionary Term. bottom-of-the-harbor scheme ... Related Dictionary Terms. bottom-of-the-harbor scheme · takeover ratio · Related Dictionary Terms ...
     
  6. Asset Protection Scheme - QFinance
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    abusive tax shelter · bottom-of-the-harbor scheme · bond-washing · cash economy · asymmetric taxation · backup withholding · Related Dictionary Terms ...
     
  8. Costigan: patron saint of investigative journalists | Crikey
    Apr 15, 2009... in Australia's biggest tax avoidance rackets, the Bottom of the Harbor Scheme, which eventually exposed hundreds of silvertail businessmen, ...