intentional set-off

Definition

An arrangement between two enterprises in which the cost-benefit of a transaction between the two is valued for purposes of offsetting the net gain or losses derived from the transaction, thus limiting the tax liabilities. For example, if enterprise A purchases a product from enterprise B, it could receive reciprocal value if enterprise B purchases the raw materials to produce the product from enterprise A. The exchange generates an offset to any benefit gains which minimizes the tax consequence.

单词	intentional set-off
释义	intentional set-off Definition An arrangement between two enterprises in which the cost-benefit of a transaction between the two is valued for purposes of offsetting the net gain or losses derived from the transaction, thus limiting the tax liabilities. For example, if enterprise A purchases a product from enterprise B, it could receive reciprocal value if enterprise B purchases the raw materials to produce the product from enterprise A. The exchange generates an offset to any benefit gains which minimizes the tax consequence.
随便看	trade deficit trade discount trade diversion traded option trade draft trade dress trade effluent trade exchange trade fair trade falsehood trade finance trade in trade in allowance trade liberalization trade magazine trademark infringement trade mission trade name franchise tradeoff tradeoff analysis tradeoff curve tradeoffs trade out trade pact trade payable