Weba way of avoiding obeying a law etc. Adjectives frequently used with loophole. legal: legal Too often we hear of employers who use legal loopholes to abuse the rights of workers. … WebHow to use loophole in a sentence. a means of escape; especially : an ambiguity or omission in the text through which the intent of a statute, contract, or obligation may be evaded… See the full definition

Loophole Definition & Meaning Dictionary.com

WebThe "London Loophole" which is a tax loophole that allows foreign companies to avoid paying taxes on profits earned in the UK by routing them through subsidiaries in tax … WebJul 10, 2024 · Contract loopholes are omissions or ambiguities found in contracts that are included to create ways for parties to avoid following requirements in the contract. They … christmas plastic mold outdoor decorations

Loophole Definition - Investopedia

WebFeb 13, 2015 · To avoid tax is to not pay tax parliament intended you to pay; it is to go against the spirit of the law without going against the letter of the law; it is to exploit loopholes that by definition ... WebSep 6, 2024 · Two loopholes allow individuals to control legal vehicles despite having very limited ownership interests, fooling any mechanical rule that considers only ownership thresholds: Circular ownership In the example pictured here, beneficial owner “Mary” would avoid being identified as a beneficial owner because she only has 2 per cent of shares ... WebFeb 29, 2024 · If an action or sequence of actions doesn't fit the definition, then you haven't committed the crime/tort. Sometimes it may require adjudication as to whether the action (s) fit the definition, but that's not a loophole, that's the justice system working as intended. Honestly, the whole idea of "loopholes" and "getting off on a technicality ... christmas plastic serving trays