Sentence examples for shifting debt from inspiring English sources
Bringing in private investors has benefits beyond shifting debt off public balance-sheets (a wheeze behind many of Britain's less-than-stellar public-finance initiatives).
"We have questions about what knowledge Enron officials had about shifting debt and creating two sets of books," said an aide to a Democratic congressman.
Lowering our corporate tax rate would … reduce the underlying incentive for companies to engage in profit shifting, debt loading and tax avoidance".
Government officials with experience investigating corporate fraud say some of the patterns they are detecting -- lying to investors, shifting debt off corporate balance sheets -- are familiar.
But he acknowledged that had the company not been granted the exemption, it would have been constrained from using any partnerships or shifting debt off the books in its foreign operations.
Shifting debt from the private to the public sector is in some respects a positive step; governments can borrow at a cheaper rate than companies and individuals and, if they have their own currency, have considerable scope to expand their balance-sheets.Nor is higher debt automatically a problem: debt is a useful way for creditors and borrowers to spread their cash flows over time.
A delayed debt restructuring also provided a window for private creditors to reduce exposures and shift debt into official hands.
Often, the group can shift debt to the American unit, or have it borrow from the foreign parent.
Eliminating the interest tax deduction may reduce investment, and result in country arbitrage as companies shift debt and equity to offshore subsidiaries with more favorable tax regimes.
The suit focuses on Ernst & Young's approval of a much-criticized accounting maneuver that shifted debt off the books before the close of financial quarters.
It was similar questions about partnerships and other devices used by Enron to shift debt off its books that precipitated the company's financial collapse last fall.
