loophole

(noun)

A method of escape, especially an ambiguity or exception in a rule that can be exploited in order to avoid its effect.

Related Terms

  • transparency
  • evasion
  • mitigation
  • lobbyist

Examples of loophole in the following topics:

  • Crisis in Berlin

    • The Berlin sector border was essentially a "loophole" through which East Bloc citizens could still escape.
    • The brain drain of professionals had become so damaging to the political credibility and economic viability of East Germany that closing this loophole and securing the Soviet-imposed East-West-Berlin frontier was imperative.
  • Tax Loopholes and Lowered Taxes

    • The term has also been used in the tax regulations of some jurisdictions to distinguish tax avoidance foreseen by the legislators from tax avoidance which exploits loopholes in the law.
  • Introduction to the Perils of Greenwashing

    • Major oil companies seem to be particularly keen on taking advantage of such loopholes.
  • The Reforms of 1995

    • Loopholes: The legislation does not include those lobbyists whose "activities constitute less than 20 percent of the time engaged in services", thus failing to regulate grassroots (small donors) lobbying.
  • Jim Crow Laws

    • While poll taxes and literacy requirements banned many poor or illiterate Americans from voting, these stipulations frequently had loopholes that exempted white Americans from meeting the requirements.
  • Privatization

    • However, while the US has a high official tax rate, the actual taxes paid by US corporations may be considerably lower due to the use of tax loopholes, tax havens, and "gaming the system. " Rather than avoiding taxes, outsourcing may be mostly driven by the desire to lower labor costs (see standpoint of labor above).
  • Regulating Congressional Lobbyists

    • Lobbyists sometimes support rules requiring greater transparency and disclosure: "Our profession is at a critical point where we can either embrace the constructive changes and reforms by Congress or we can seek out loopholes and continue the slippery slide into history along side the ranks of snake oil salesmen."
  • Current Issues in Health Care

    • Standards: Obamacare also closes loopholes regarding to quality standards, ensuring that insurance providers do not reduce what is provided to clients in an effort to cut costs.
  • Jim Crow Laws

    • While poll taxes and literacy requirements banned many poor or illiterate Americans from voting, these stipulations frequently had loopholes that exempted white Americans from meeting the requirements.
  • The Embargo Act of 1807

    • At the same time, the British were still able to export goods to America: Initial loopholes overlooked coastal vessels from Canada smuggling goods, whaling ships, and privateers from overseas.
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