Offshore Financial Center

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1. An institution, especially a bank that exists in a foreign country. Colloquially, the term refers to institutions that exist in known tax havens. Individuals and companies use offshore accounts to avoid or evade taxes.

2. A country known for having a tax and legal system well-suited for offshore financial centers. A prominent example is the Bahamas.

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No references found			Caught in a vise of shrinking revenue and high public spending, it averted a crisis by securing a US$60 million overseas loan: But the Foreign and Commonwealth office in Britain, which oversees the Caymans and can veto foreign lending requests, has delivered an ultimatum: The rest of the US$284 million the government says it needs won't be forthcoming until this offshore financial center imposes spending cuts and considers direct taxation on businesses here and its 57,000 residents. Taxation considered by Caribbean Update 2009), is a comprehensive global guide to tax havens, offshore financial centers, and tax-advantaged strategies. Langer on Practical International Tax Planning by Fink, Philip R. / The Tax Adviser There will be increased skepticism and call for reform of the regulatory frameworks governing offshore financial centers, for example, the CAYMAN ISLANDS, both of which contribute to the general industry climate looking dim indeed. New Collection Opportunities in Canada, Latin America and the ... by Albert V Knowles / Banking, finance and accounting community			Office de stabilisation des changes Office of Compliance Inspections and Examinations Office of Defense Trade Controls Office of Federal Housing Enterprise Oversight Office of Foreign Asset Control Office of Interstate Land Sales Registration Office of Management and Budget Office of Property Disposal Office of Real Property Management Office of Thrift Supervision office park Official Exchange Rate Official Notice of Sale Official Rate Official reserves Official settlements balance Official Statement Official Unrequited Transfer Official Unrequited Transfers Offlake Offre publique d'achat hostile Offset Offset Loan Offshore Offshore Finance Subsidiary Offshore Financial Center Offshore Fund Offshore Mutual Fund OFHEO Oficial de recinto OHLC Chart OID Oil and Gas Drilling Limited Partnership Oil and Gas Income Limited Partnership oil and gas lease OILSR Oishou Okun's Law Old Economy Old Lady of Threadneedle Street Old Sheqel Old-line factoring Oligopolio Oligopoly Oligopsony OM OM Stockholm AB Omani Rial Omega Omitted Dividend omnibus account			Offshore Commodity Futures Dealers Association Offshore company Offshore Constitutional Settlement Offshore Construction Manager Offshore corporation Offshore Credit Card Program Offshore Cryogenic Loading offshore current Offshore Decommissioning Communications Project Offshore Dedicated Center Offshore Defence Advisory Group Offshore Development Centre Offshore Digital Services, Inc. Offshore Discharge Of Containers Offshore drilling Offshore Emergency Helideck Team Member Offshore Energy Environmental Research Offshore Energy Minerals Management Offshore Energy Technical Research Association Offshore Engineer Conferences and Events Offshore Engineering Information Service Offshore Engineering Society Offshore Finance Subsidiaries Offshore finance subsidiary Offshore Financial Center Offshore financial centers Offshore financial centre Offshore Financial Trade Association Offshore Fraud Projects Team Offshore fund Offshore funds offshore gas Offshore Gas Gathering System Offshore Group of Banking Supervisors Offshore hake Offshore hake Offshore Hazard and Risk Analysis Toolkit Offshore Heavy Transport Offshore Hydrocarbon Mapping Offshore Industry Advisory Committee Offshore Industry Liaison Committee Offshore Installation Manager Offshore Internet Services Limited Offshore Island Conservation Programme Offshore Islands Research Group Offshore Islet Restoration Committee Offshore Kazakhstan International Operating Company Offshore Keelboat Policy Committee Offshore Khuff Gas Development Offshore Life Boat

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