the.com/offshore
where your money goes on vacation and decides never to pay taxes again.
means located outside your home country, usually to dodge taxes, regulation, or scrutiny.
from originally just meant out at sea, away from shore, like oil rigs or fishing boats; bankers hijacked it in the mid-1900s to describe money that also drifted away from land, and conveniently, from tax collectors.
panama papersexposed 11 million offshore documents in 2016
cayman islandshost more registered companies than actual people
literal meaningoriginally described wind, water, oil rigs