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Jurisdictional Arbitrage |
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Jurisdictional Arbitrage The practice of moving an office, factory or something else in order to come under the jurisdiction of a different regulatory agency with more lenient rules. For example, a corporation unwilling to pay corporate taxes to the state of California may move its head office to Arizona, outside the jurisdiction (in most circumstances) of the California tax authorities. Jurisdictional arbitrage is a type of regulatory arbitrage. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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