wikipedia|Bottom of the harbour tax avoidance
English
Noun
en-noun|sg=bottom of the harbour|-
- AU A tax avoidance scheme from the 1970s.
#: 1982: The 'bottom of the harbour' scheme was so named because a company once stripped of its assets, was dumped and, like a body in a cement suit, sank never to be seen again. — w:Sydney Morning Herald|Sydney Morning Herald, 5 June 1982, page 13. Quoted in G. A. Wilkes, A Dictionary of Australian Colloquialisms, second edition, 1985, w:Sydney University Press|Sydney University Press, ISBN 0-424-00113-6.
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