A type of tax shelter that is used for the purpose of creating tax shelters from large losses that appear to be real. Oftentimes these are designed by the use of a shell company that performs many complex financial transactions and then creates large accounting losses that are much higher than the actual losses that may have been incurred.
Related information about offshore portfolio investment strategy (OPIS):
- Offshore Portfolio Investment Strategy (OPIS) Definition | Investopedia
A tax shelter product designed to create large, seemingly real losses to be used for tax sheltering. This tax shelter involves creating a shell company, which ...
- What is offshore portfolio investment strategy (OPIS)? definition and ...
Definition of offshore portfolio investment strategy (OPIS): A type of tax shelter that is used for the purpose of creating tax shelters from large losses that appear to ...
- TaxTV Tax Court Finds Offshore Portfolio Investment Strategy Lacks ...
Jan 19, 2012 ... The U.S Tax Court, in a decision by Judge Kroupa, found the Offshore Portfolio Investment Strategy (OPIS) transaction lacked economic ...
- Opis: Definition from Answers.com
Offshore Portfolio Investment Strategy - OPIS. Top. Home > Library > Business & Finance > Investment Dictionary. A tax shelter product designed to create large, ...
- Brattle Principal Provides Testimony in Two ... - The Brattle Group
Apr 23, 2012 ... Brattle Principal Provides Testimony in Two Offshore Portfolio Investment Strategy (OPIS) Tax Disputes. Brattle principal Dr. Lawrence Kolbe ...
- TC Memo. 2012-16 - U.S. Tax Court
Jan 17, 2012 ... Offshore Portfolio Investment Strategy (OPIS) transaction through KPMG, an accounting firm. Through direct and indirect interests in UBS stock, ...
- KPMG Statment of Facts - Quatloos!
Offshore Portfolio Investment Strategy (“OPIS”); Bond Linked Issue. Premium Structure (“BLIPS”); and Short Option Strategy (“SOS”). FLIP was marketed and sold ...
- This Month - PwC
concluded that an Offshore Portfolio Investment Strategy (“OPIS”) transaction lacked economic substance and that taxpayers were liable for accuracy-related ...