What does bermuda plan mean?
Definitions for bermuda plan
bermu·da plan
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bermuda plan.
Princeton's WordNet
Bermuda plannoun
a hotel plan that provides a full breakfast daily
ChatGPT
bermuda plan
The Bermuda Plan is often referred to in discussions of a tax planning strategy used by multinational corporations to reduce or avoid U.S. taxes by shifting their profits to offshore jurisdictions like Bermuda, where corporate tax rates are very low or non-existent. This is generally done through the transfer of intellectual property rights or other intangible assets to the offshore entity. However, the context should be carefully considered as "Bermuda Plan" may also refer to specific travel insurance plans or vacation planning services named after the island.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of bermuda plan in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of bermuda plan in Pythagorean Numerology is: 8
Translations for bermuda plan
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"bermuda plan." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/bermuda+plan>.
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