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by ceejayoz
3120 days ago
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That doesn't appear to be a universally agreed upon distinction. https://financial-dictionary.thefreedictionary.com/Tax+Looph... > A deliberate or accidental provision in tax law that allows an individual or corporation to be exempt from some provision. Most loopholes are deliberate and are created to ensure that the law is not draconian, to please a lobbyist, or for some other reason. |
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