An opportunity to legally avoid an unpleasant responsibility, usually because of a mistake in the way rules or laws have been written:
The new law is designed to close most of the tax loopholes.
Under the Rug
Whose bread one
1: a means of escape
especially : an ambiguity or omission in the text through which the intent of a statute, contract, or obligation may be evaded
2a: a small opening through which small arms may be fired
b: a similar opening to admit light and air or to permit observation
She took advantage of a loophole in the tax law.
His attorney has been hunting for a loophole that would allow him to get out of the deal.
Kids Definition of loophole
: a way of avoiding something
a loophole in the law
: an error in the way a law, rule, or contract is written that makes it possible for some people to legally avoid obeying it
The key points of the word “A loophole” are:
Definition: A loophole refers to a legal, financial, or procedural gap or oversight that allows someone to avoid a requirement, restriction, or obligation. It is often seen as a flaw or gap in a system that can be exploited to gain an advantage or evade a rule or regulation.
Legality: Loopholes are typically legal, meaning they are not technically considered as violations of the law. However, they may be perceived as unethical or unfair, as they can be used to circumvent the intended purpose or spirit of a rule or regulation.
Exploitation: Loopholes can be exploited by individuals, businesses, or other entities to gain an advantage or benefit, often at the expense of others or to avoid consequences or responsibilities. This can include tax loopholes, regulatory loopholes, or contractual loopholes that allow for loopholes to be exploited for personal or financial gain.
Closure: When a loophole is discovered or becomes widely known, there may be efforts to close it or revise the relevant rules or regulations to prevent further exploitation. This can involve legal changes, regulatory reforms, or policy updates to address the gap or oversight and ensure that the intended purpose of the rule or regulation is upheld.
Impact: Loopholes can have significant implications on various aspects of society, including finance, taxation, business practices, governance, and social justice. They can impact government revenues, market competition, public trust, and perceptions of fairness in the legal and regulatory systems.
Ethical Considerations: The use of loopholes can raise ethical questions, as they may involve taking advantage of technicalities or loopholes in a way that is not in line with the spirit or intent of the law or regulation. Ethical considerations may arise in determining whether the use of a loophole is morally justifiable or whether it is an abuse of the system.
Importance of Monitoring and Reform: Regular monitoring and reform of laws, regulations, and policies are important to identify and address potential loopholes, close them, and ensure that the intended purpose of rules and regulations is upheld. This requires ongoing vigilance and efforts to ensure that rules and regulations are fair, effective, and aligned with the intended objectives.
In summary, “a loophole” refers to a legal or technical means that allows someone to avoid a restriction or obligation, often in a way that was not originally intended. It can have legal, ethical, and social implications, and closing loopholes can be a challenging process.
1 VeerStichting 2014 | Bevrijd van Zekerheid | Rik Torfs
19 nov. 2014
2 The Sham Marriage Racket (Immigration Law Documentary) | Real Stories
11 nov. 2018
Entering the dark underworld of the sham marriage racket
Filming undercover, and with exclusive access to a busy register office, Ranvir Singh investigates sham marriages. We will be looking at the current challenges and enforcement measures associated with sham marriages, including the impact of recent changes to the law. As well as investigating those involved in facilitating and organising sham marriages, we will discuss efforts being made by government, register offices and other organisations to combat sham marriages as part of a wide-ranging piece examining the current scale of the issue in the UK.
The programme will feature interviews with experts and observational filming at one of the UK’s busiest register office. It will also feature covertly filmed footage of marriage fixers and others involved in facilitating sham weddings; forging fake passports; selling vulnerable women and making offering to make fraudulent applications to the Home Office.
Our evidence shows that, despite the Government’s promised crackdown, it appears to be business as usual with the racketeers making millions at our expense.
Content licensed from DRG Rights. Any queries, please contact us at: firstname.lastname@example.org
Produced by HARDCASH PRODUCTIONS
3 Gag – Magie de police!
La police joue à la magie et fait apparaître une pièce de monnaie derrière l’oreille de la victime à son grand amusement. Mais elle rie pas mal moins quand c’est une borne fontaine que l’agent fait apparaître et qu’il lui remet une belle contravention bien réelle cette fois-çi.
Une présentation de la chaine vidéo YouTube officielle de Juste pour rire les gags. Bourrez-vous la face des meilleurs et plus drôls gags de caméra cachée jamais tournés.
Under the Rug
Whose bread one