What does Engaged In Trade or Business mean? Read on to discover the definition & meaning of the term Engaged In Trade or Business - to help you better understand the language used in insurance policies.
Engaged In Trade or Business
A U.S. income tax term referring to an offshore captive whose business is really being run from onshore, in which case it is ETB, and fully taxable in the United States.
We hope the you have a better understanding of the meaning of Engaged In Trade or Business.