Is finding loopholes illegal?
How a Loophole Works. A person or company utilizing a loophole isn’t considered to be breaking the law but circumventing it in a way that was not intended by the regulators or legislators that put the law or restriction into place.
What are examples of loopholes?
An example of a loophole is a tiny narrow window in a castle used to shoot through at enemies. An example of a loophole is a person not having to pay a certain tax because of the location of their second home.
What do you call someone who finds loopholes?
Yes, the word for “one who circumvents”, one who evades or outwits by cunning methods or strategies, is a “circumventor” (source: Webster’s Revised Unabridged Dictionary, 1913 Edition).
What is finding a loophole?
1 : a means of escape especially : an ambiguity or omission in the text through which the intent of a statute, contract, or obligation may be evaded. 2a : a small opening through which small arms may be fired.
Are loopholes ethical?
Loopholes in codes and rules can impact both acts and omissions. Loophole ethics can be based on what the code in question forbids or requires: Loophole ethics for acts: As the set of codes, rules, or regulations does not forbid this option, it is ethically permissible to pursue it.
Where did the saying loophole come from?
These narrow slits were known as loopholes, most probably derived from the Dutch word lûpen meaning to watch. The term loophole came into use in the seventeenth century in a figurative sense to mean a small opening or a outlet of escape.
What are loopholes in taxes?
The basic definition of a tax loophole is a provision in the tax code that allows taxpayers to reduce their tax liability. Lots of benign deductions and credits do just that. The connotation of a loophole as something with unintended negative consequences is what makes loopholes controversial.
How do you find loopholes in games?
There are four ways to find loopholes in your design….How to find game design loopholes
- Use your own knowledge, experience and instincts. Look for loophole patterns.
- Ask fellow game designers to check your design. Fellow designers can be great at finding loopholes.
- Test.
- Use feedback from players in the field.