loophole

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Related to Loopholes: Tax Loopholes

arrow loop, loophole

arrow loop
A vertical slit for archers in medieval fortification walls, with jambs deeply splayed toward the interior.

loophole

1. See arrow loop.
2. In a fortification, one of a number of long, narrow slits in the walls, usually widening inward to permit small arms to be fired over a wide angle at an enemy.
3. Same as slit ventilator.
References in periodicals archive ?
New Delhi [India], Feb 7 ( ANI ): Prime Minister Narendra Modi on Wednesday called the opposition parties to constitute a task force in an endeavour to find the loopholes, if any, in the schemes launched by the Bharatiya Janata Party (BJP).
I want to see loopholes closed like the one that favors Wall Street hedge funds and allows them to pay a lower tax rate than many Wisconsin workers pay.
Sander Levin reintroduced their bill to close the carried interest loophole.
Now, a separate team of international researchers has succeeded in reducing the possibility that another loophole (known as the freedom-of-choice loophole) may be responsible for observed correlations between particles.
However, because of a variety of loopholes, many wealthy individuals and corporations paid little or no taxes.
The loopholes mean some bus companies can operate unfit vehicles by transferring public service vehicle (PSV) licences between vehicles, the report from the House of Commons Transport Committee said.
I would have been even more relieved if they had tried to eliminate these loopholes and not cashed in on them.
In the face of tremendous opposition by big businesses, the governor, House Ways and Means Committee and the Senate, supported common-sense reforms to close over $400 million in tax loopholes.
A loophole is when some poor old dear gets an extra tenner in her pension.
The Association of Chief Police Officers (Acpo) wants more training for police and Crown Prosecution Service lawyers to make stronger cases against drivers whose legal teams use loopholes in the law to get them off.
You could read that as students are learning so much more, but the honest reason is states are finding ways through loopholes to let schools off the hook.
That all three scandals involve the exploitation of federal regulatory loopholes constructed to benefit native Americans is no coincidence.