| 单词 | offshore subsidiary |
| 释义 | offshore subsidiary Onshore reinsurance companies may also incorporate an offshore subsidiary to reinsure catastrophic risks. Retrieved from Wikipedia CC BY-SA 3.0 Those offshore subsidiaries won't become redundant - they serve important marketing and tax functions anyway. ST Companies took to hiding their success - not by stashing the loot in dodgy offshore subsidiaries to cheat the taxman, but by paying back creditors earlier than necessary. Times, Sunday Times Multinationals also use offshore subsidiaries to funnel profits away from high-tax jurisdictions, to the consternation of national tax authorities. Times, Sunday Times |
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