What's the difference between offshore and outsource?

Offshore


Definition:

  • (a.) From the shore; as, an offshore wind; an offshore signal.

Example Sentences:

  • (1) Paradoxically, each tax holiday increases the need for the next, because companies start holding ever greater amounts of their tax offshore in the expectation that the next Republican government will announce a new one.
  • (2) The country has no offshore wind farms, though a number of projects are in the research phase to determine their profitability.
  • (3) Photograph: Guardian The research also compiled data covered by a wider definition of tax haven, including onshore jurisdictions such as the US state of Delaware – accused by the Cayman islands of playing "faster and looser" even than offshore jurisdictions – and the Republic of Ireland, which has come under sustained pressure from other EU states to reform its own low-tax, light-tough, regulatory environment.
  • (4) But there is plenty here that thrills, from grand plans for offshore power production to the micro-engineeering of intelligent load management.
  • (5) A slew of figures from showbusiness, royalty and sport have also been linked with offshore companies in the documents.
  • (6) Zhang Lifan, an independent scholar, told the Associated Press that the use of offshore holdings by those with ties to officials gave a strong impression of privilege and impunity.
  • (7) Shell has pulled out of renewables: it retains a small stake in biofuels development, but the company's offshore wind business is no more.
  • (8) The Tony Abbott lecturing the American president on taxation fairness is, of course, the one who as Australian prime minister is presiding over policies of taxation amnesty for the richest Australians who have themselves offshored their hidden wealth, capping their taxable liability to merely the last four years.
  • (9) A world of hidden wealth: why we are shining a light offshore Read more However, the Nahmad lawyers have also insisted that because the painting is not in New York and the IAC is based in Panama, the court case should not be allowed to proceed in the US.
  • (10) The Double Irish loophole allows US companies, mostly in the technology and pharmaceutical sectors, to reduce their effective tax bill far below Ireland’s already generous 12.5% corporate tax rate by shifting most of their taxable income from an operating company in Ireland to another Irish-registered firm located in an offshore tax haven, such as Bermuda.
  • (11) The biggest gain for most non-doms is the allowance for tax-free offshore capital growth.
  • (12) Between them the British and the Dutch have more than two-thirds of the offshore rigs.
  • (13) In January 2007 the Guardian disclosed that BAE had used an offshore front company, Red Diamond , to secretly pay £8.4m, 30% of the radar's ostensible price, into a Swiss account.
  • (14) Oil is coating birds and delicate wetlands along the Louisiana coast, and the political fallout from the spill has reached Washington, where the head of the federal agency that oversees offshore drilling resigned today.
  • (15) The South Africans were allegedly hired by a company with close ties to Gaddafi, training his presidential guard and handling some of his offshore financial dealings.
  • (16) In a tweet, the Department of Immigration and Border Protection denied the incident took place: “Reports of a disturbance at the Manus Offshore processing centre are false.” Detainees and staff on the island insist it did take place.
  • (17) The letter also criticises the decision to move pregnant women to offshore processing .
  • (18) The reports, by the Guardian and others, based on leaked financial documents, showed that the brother-in-law of the president, Xi Jinping, and the son and son-in-law of the former premier Wen Jiabao were among more than a dozen family members of current or former leaders using offshore companies in the Caribbean .
  • (19) A new battery storage solution for offshore wind energy will be piloted from the same project, and Statoil has also followed the trend and established a New Energy division for wind power and CCS.
  • (20) Clarification: Jirehouse Capital and Stephen Jones - see Clarification and footnote Jailed British property developer Scot Young, an associate of Russian oligarch Boris Berezovsky, constructed a secret network of offshore companies to hold his assets during a multimillion-pound divorce battle, according to the International Consortium of Investigative Journalists (ICIJ's) research.

Outsource


Definition:

Example Sentences:

  • (1) And stopping them means taking action in Syria, because it is Raqqa that is their headquarters .” Isis digging in amid intensified airstrikes in Raqqa, say activists Read more He added: “We shouldn’t be content with outsourcing our security to our allies.
  • (2) That's why the policies that are desperately needed for the majority to break the grip of a failed economic model would also help make regulated migration work for all: stronger trade unions, a higher minimum wage, a shift from state-subsidised low pay to a living wage, a crash housing investment programme, a halt to cuts in public services, and an end to the outsourced race to the bottom in employment conditions.
  • (3) It is difficult to accept lectures on outsourcing from the party that introduced the North American Free Trade Agreement – an outsourcers' charter liberalising trade between the US, Mexico and Canada.
  • (4) Twenty years ago, before the reign of Charlie Mayfield, the present CEO, the company's cleaners and caterers were all outsourced to save money.
  • (5) Switzerland "outsourced" more than half of its carbon dioxide emissions, according to the report in Proceedings of the National Academy of Sciences.
  • (6) Fairfax plans to outsource most photographic jobs to Getty Images.
  • (7) "The truth is many outsourcing contracts ensure costs remain high."
  • (8) We are particularly concerned about what will happen to entitlements, to annual leave and rest breaks, to parental leave, to rights for agency, part-time and temporary workers and to protections if your job is outsourced or your company sold off.
  • (9) Grayling made clear that he was making a virtue out of the inability of two of the biggest outsourcing companies in criminal justice to bid for £450m of contracts covering the probation service in England and Wales, which are to be put up for competition later this year.
  • (10) However, it is wrong to suppose that outsourcing only erodes wages at the bottom.
  • (11) Profit in outsourcing comes from cutting pay and squeezing the workforce.
  • (12) The first questioner asked about the outsourcing of jobs offshore and asked the leaders how they would attract companies to Australia to provide jobs in Australia.
  • (13) Since their arrival on British soil, the UK government has denied responsibility for the group and sought to outsource its obligations under international law to Cyprus,” she said.
  • (14) The NHS is subject to many kinds of change, most offered in the name of greater patient choice and control – hence the shift to outsourcing and privatisation.
  • (15) A regular Bitcoin user may not be outsourcing their trust to the government or a central bank when they use the currency, but they're not exactly outsourcing their trust to people just like them, either.
  • (16) Blair pressed privatisation, deregulation, outsourcing, PFI, demutualisation and more in fealty to the market and the global corporate world.
  • (17) The game's co-writer Dan Houser has described it as a satire on Los Angeles, and more specifically a modern Hollywood fading into insignificance in an era of outsourced production.
  • (18) Yet despite the evidence that outsourcing and privatisation, far from improving efficiency, actually does the opposite, the coalition still seems hell-bent on reducing the public sector's role.
  • (19) What the government has created in its place – rocketing number of disability assessments, outsourced to multimillion-pound private contracts mixed with failing back-to-work programmes – is the definition of economic stupidity.
  • (20) It said while cash in the business had recently been focused on debt reduction and increasing the dividend, it was now a good time to invest more in US expansion, where the market is still very fragmented and more local authorities are seeking to outsource school bus contracts.

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