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I'm not a native speaker so could someone please explain to me if I misunderstand the word 'loophole'? Translation says "a gap in the law". That should make it
by sir_brickalot 8y ago
I'm not a native speaker so could someone please explain to me if I misunderstand the word 'loophole'?
Translation says "a gap in the law". That should make it fairly easy to know if I use one or not . Than again: I'm REALLY bad with taxes.
- baddox 8y agoIt’s definitely not that simple, because any large company has to navigate the extremely complex US tax law. It’s not like there is a simple law that says they owe x%, then a bunch of “gaps” to exploit. The baseline is already extremely complex.