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5 unusual facts about Loophole


Exemption

Loophole, a weakness or exception that allows a system, such as a law or security, to be circumvented or otherwise avoided.

Grey area

Loophole, a weakness in the law that yields an uncertainty on legislation.

Harold D. Schuster

His 1954 film noir triller Loophole is a fast-paced, well-acted drama about a bank teller framed for a $50,000 embezzlement and his efforts to clear his name, and his 1957 Dragoon Wells Massacre is, despite its potboiler title, an actionful, tightly made western with some surprising plot twists in which many of the characters aren't quite what they seem to be.

Loophole

Parts of the interiors of U.S.‑bound Ford Transit Connect were stripped immediately upon importation to circumvent the 1963 Chicken Tax, which imposes a 25% tariff on imported light trucks.

Ford imports all Transit Connects as "passenger vehicles" with rear windows, rear seats, and rear seat belts.


Similar

Loophole | loophole |

Affero General Public License

In 2000, while developing an e-learning and e-service business model, Henry Poole met with Richard Stallman in Amsterdam where they discussed the ASP loophole in GPLv2.

DodgeBall: A True Underdog Story

Gordon finds a loophole in the rules that can overturn the forfeiture by vote of the judges, and Chuck Norris casts the tie-breaking vote to allow the team to play.

European Union Public Licence

New provisions cover the Application service provider loophole of software distribution: Distribution and/or Communication (of software) includes providing on-line "access to its essential functionalities".

LGBT history in Australia

In 1951, the New South Wales Crimes Act was amended to ensure that "buggery" remained a criminal act "with or without the consent of the person", removing legal loophole of consent.

MSC Malaysia

Seeing a loophole, journalist Steven Gan and colleague Premesh Chandran decided to start an online news resource that would be free of the controls that they felt stifled print media.

Pension Protection Act of 2006

It also requires companies to analyze their pension plans' obligations more accurately, closes loopholes that previously allowed some companies to underfund their plans by skipping payments, and raises the cap on the amount employers are allowed to invest in their own plans.

Rays Ballpark

Then, to allow the city to forgo paying property taxes on the site (a loophole in Florida laws allows county governments to own stadiums tax-free), a long-term lease would have been signed by the Rays and Pinellas County would then take control of the site, a similar arrangement to that of Tropicana Field.

Sean O. Cota

He provided these groups significant counsel in the development of the "Close the Enron Loophole Act" Commodity Futures Modernization.


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