Pronunciation: /tæks ɪnˈvɜrʒən/
noun a corporate strategy where a company relocates its headquarters to a lower-tax country in order to reduce its tax liability
A1 Tax inversion is a term used in finance.
A2 Companies often engage in tax inversion to reduce their tax liabilities.
B1 Tax inversion can have legal implications depending on the jurisdiction.
B2 Tax inversion is a controversial practice that some argue should be regulated.
C1 The complexity of tax inversion strategies requires careful consideration by financial experts.
C2 Tax inversion schemes have been criticized for exploiting legal loopholes in tax laws.
formal Tax inversion is a strategy used by multinational corporations to reduce their tax burden by relocating their headquarters to a country with lower tax rates.
informal Tax inversion is like when a company moves its headquarters to a different country to pay less taxes.
slang Tax inversion is when big companies play the tax system to pay less money to the government.
figurative Tax inversion is like a game of musical chairs where companies try to find the best seat to avoid paying high taxes.
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