Last Updated：2025/11/23
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Many critics dismissed the corporate restructuring as a flag of convenience, a tactic to reroute profits to lower-tax jurisdictions without altering the company's actual operations.
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Many critics dismissed the corporate restructuring as a flag of convenience, a tactic to reroute profits to lower-tax jurisdictions without altering the company's actual operations.
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Related words
flag of convenience
Noun
figuratively
literally
Japanese Meaning
（比喩的に）低税率や緩い規制などの条件が有利な国を選んで船舶を登録すること。 / 経済的、法的な便宜を図るために、船舶の国籍を特定の国にする行為。
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