Bottom-of-the-harbor Scheme: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Bottom-of-the-harbor Scheme

  • a tax avoidance strategy that involves stripping a company of assets and then selling it a number of times so that it is hard to trace

Additional Resources

Long Island agencies fund harbor clean-up with EPA grant
Through a $2,000 grant funded by the United States Environmental Protection Agency and the Long Island Sound Study office, the Hempstead Harbor Protection Committee is cleaning up the harbor. The group has purchased six DogiPot pet waste stations around the harbor in Glen Cove, Sea Cliff and Glenwood Landing. ...
Tags: agency, harbor, MARKETING, U.S. Environmental Protection Agency
Research articles 2004-10-01
Tar Cleanup Scheduled for Portland Harbor
PORTLAND, Oregon ENS ? Tar-laden sediment will be removed from the Willamette River this summer under an agreement between the U.S. Environmental Protection Agency EPA and Northwest Natural Gas. The contaminated sediment lies along the river bottom beside the former Portland Gas and Coke Company GASCO site in Portland Harbor....
Tags: Components, contamination, HARDWARE, Processors, river, Semiconductors, U.S. Environmental Protection Agency
Research articles 2004-05-04
Whole Foods Market to open store in Inner Harbor East
The mammoth Inner Harbor East development promises to attract thousands to the Inner Harbor. In about a month they will -- at last - - have somewhere to shop for groceries.
Tags: Whole Foods Market
Research articles 2002-07-18
News: Ombudsman watch.
Snippets This week I report on a couple of snippets and then turn to give a fuller report on a decision that highlights a different sort of conflict from the norm and has an irresistible scheme name. There has been a lot in PW...
Tags: Benefits, KPMG Consulting Inc., Mr., Mrs., Prudential Insurance Company of America
Research articles 2004-10-11
HARBOR Systems Management Announces Hitachi Data Systems Freedom 7700/7700E and Comparex Tetragon 2000/2100; Support for HARBOR Backup Clients and HARBOR Agent Suite
CALGARY, Alberta--BUSINESS WIRE--Oct. 1, 1998--
Tags: agent, backup, Hitachi Ltd., systems management
Research articles 1998-10-01
A.M. Best Affirms Rating of Harbor Point Re Limited and Assigns Rating to Harbor Point Limited
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and the issuer credit rating ICR of "a" of Harbor Point Re Limited Harbor Point Bermuda. Concurrently, A.M. Best has assigned the ICR of "bbb" to Harbor Point Limited. The outlook for all ratings...
Tags: A.M. Best Co., Limited
Research articles 2006-12-21
Is 2004 The Year To Consider Using A 401(k) Safe-Harbor Plan?
From the executive summary: ‘Adopting a safe-harbor 401k plan design permits an employer to avoid discrimination testing of the rates of employee elective deferrals and/or employer matching contributions (ADP/ACP testing). The price for avoiding testing is a safe-harbor contribution. Generally, there are two types of safe-harbor contributions.’ The paper examines...
Tags: 401(k) Plan, 401(k), Retirement Plans, Investment, Human Resources, Benefits, Finance
White papers 2003-10-31
Harbor Global Company Ltd. Announces Sale of the Company
BOSTON -- Harbor Global Company Ltd. ("Harbor Global") (OTC BB:HRBGF) announced today that it had entered into a definitive agreement and plan of amalgamation for Isvias Trading Limited to acquire Harbor Global, in an all cash transaction at a price of $71 million. After taking into account the portion of...
Tags: Boston, FINANCE, SEC, shareholder
Research articles 2006-08-18
Justice Department Seeks to Stop Alleged Washington State Tax Scam
WASHINGTON, Dec. 15 /U.S. Newswire/ -- The Justice Department announced today that it has filed a lawsuit asking a federal court to bar a Gig Harbor, Washington woman from marketing an alleged tax- fraud scheme. The complaint in the civil injunction caseWASHINGTON, Dec. 15 /U.S. Newswire/ -- The Justice...
Tags: tax, U.S. Department of Justice
Research articles 2005-12-15
Spirent PLC - Blocklisting Interim Review
BLOCKLISTING SIX MONTHLY RETURN To: The FSA Date: 6 January 2006 Name of applicant: SPIRENT PLC Name of scheme: ...
Tags: security, Spirent Communications
Research articles 2006-01-06
LEST WE FORGET: PEARL HARBOR REMEMBRANCES
As fewer and fewer Americans recall the events of 7 December 1941, it is imperative that tomorrow's generation be reminded of the tragic day that forever changed America's destiny 6 DECEMBER 1941 - THE NAVAL BASE AT PEARL HARBOR, TERRITORY OF HAWAII The Pacific Fleet battleships were entering...
Tags: aircraft, Arizona, attack, carrier, fleet, Ford Motor Co., harbor, Japan, Manufacturing, SECURITY, Utah
Research articles 2007-12-01
Safe Harbor 401(k) Chart
From the executive summary: ‘The safe-harbor 401k plan is an employee benefit retirement plan suitable for corporations, partnerships, sole proprietors, and non-profit organizations. Each employer's goals, plan design, contribution sources and demographics form a unique scenario. The employer will wish to discuss the same with his or her plan provider...
Tags: Employee Benefit, 401(k) Plan, Safe Harbor, 401(k), Retirement Plans, Investment, Payroll Solutions, Human Resources, Benefits, Finance
White papers 2003-05-16
Bar Harbor Bankshares Declares Quarterly Dividend
BAR HARBOR, Maine--BUSINESS WIRE--Nov. 19, 1999-- John P. Reeves, Chairman of Bar Harbor Bankshares, has announced a recent vote by the Board of Directors to pay a cash dividend to shareholders on record as of November 19, 1999. This quarterly dividend of $.19 per share is payable on December...
Tags: Bar Harbor Bankshares, Business Wire, dividend, FINANCE, Maine
Research articles 1999-11-19
ATO clamps down on Net tax avoidance schemes.
Feb 8, 2002 (E-Commerce Today ABIX via COMTEX) -- Australians who have invested in an overseas investment scheme may soon hear from the Australian Taxation Office ATO. The scheme, which is Internet-based, involves investors sending funds to a company based in an offshore tax...
Tags: Australian Taxation Office, FINANCE, Taxes
Research articles 2002-02-12
Nexcom: Harbor Home® Towels & Bedding
Nexcom's Harbor Home[R] Towels & Bedding are cleverly named, particularly if you take into consideration that they are offered by the retail operation for the United States Navy. Yet, more than the name lead to their selection as a winner in PLMA's Home, Health & Leisure Awards. The Harbor Home...
Tags: Harbor
Research articles 2005-10-10
HARBOR Systems Management and Polaris Communications Introduce HARBOR Channel Express with Support for Polaris
CALGARY, AB--BUSINESS WIRE--Aug. 31, 1998-- HARBOR and Polaris Deliver First PCI ESCON Direct Data Backup/Transfer Solution for Windows NT-to-Mainframe HARBORR Systems Management, and Polaris Communications Inc. of Beaverton, Oregon, today introduced HARBOR Channel Express 5.1 with support for...
Tags: backup, Business Wire, HARDWARE, Mainframes, Servers, storage
Research articles 1998-08-31
Bar Harbor Bankshares Names New Chairman of the Board
BAR HARBOR, Maine--BUSINESS WIRE--Nov. 17, 1999-- John P. Reeves has been named Chairman of the Board of Bar Harbor Bankshares and its wholly-owned subsidiary Bar Harbor Banking and Trust Company. Mr. Reeves served as President and CEO of Bar Harbor Banking and Trust Company from 1986-1994 and has...
Tags: Bar Harbor Bankshares, board, Business Wire, chairman, Mr.
Research articles 1999-11-17
HARBOR Systems Management and Polaris Communications Introduce HARBOR Channel Express with Support for Polaris
CALGARY, AB--BUSINESS WIRE--Aug. 31, 1998-- HARBOR and Polaris Deliver First PCI ESCON Direct Data Backup/Transfer Solution for Windows NT-to-Mainframe HARBORR Systems Management, and Polaris Communications Inc. of Beaverton, Oregon, today introduced HARBOR Channel Express 5.1 with support for Polaris, the first solution to provide storage backup of Windows NT open...
Tags: backup, Business Wire, HARDWARE, Mainframes, Servers, SOFTWARE, storage
Research articles 1998-08-31
In memory of Pearl Harbor
The men and women of the Air Force Technical Applications Center held their annual Pearl Harbor Ceremony Dec. 5, in front of the AFTAC building. The ceremony was held to honor those who were lost in the attack on Pearl Harbor Dec. 7, 1941, and those who lived through it....
Tags: Air Force, attack, ceremony, memory, SECURITY
Research articles 2004-01-01
Bar Harbor Bankshares Announces Officer Appointment
Business Editors BAR HARBOR, Maine--BUSINESS WIRE--July 19, 2001 Dean S. Read, President and Chief Executive Officer of Bar Harbor Bankshares, announces the following Officer appointment: Gerald Shencavitz - Chief Financial Officer & Chief Operating Officer. Mr. Shencavitz is responsible for managing the financial, operational and technology functions...
Tags: Bar Harbor Bankshares, Business Wire, FINANCE, financial, Mr.
Research articles 2001-07-19