Intercompany loan

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Intercompany loan

Loan made by one unit of a corporation to another unit of the same corporation.

Intercompany Loan

A loan in which both the lender and the borrower are divisions of the same corporation. Such a loan may have tax consequences, depending on the jurisdiction.
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The results also detail a web of intercompany loans on which interest is paid.
4 million, a decrease to the Company s foreign currency loss on intercompany loans of $30.
The company performed the management and administration activities on its financial assets and liabilities, including ECP, GMTN, intercompany loans and financial derivatives.
Intercompany loans, or "hopscotch loans," as well as foreign undistributed earnings, regardless of the new combined entity, may be taxed.
But the movement of these intercompany loans will help increase the flexibility of multinational companies to manage their renminbi positions on a global basis, essentially using the currency for treasury management.
Future funding requirements for Boeing Capital are expected to be raised at the corporate level and then provided to Boeing Capital through intercompany loans.
Company did not pay dividends from 2008 and Mechel used to take cash from the company through intercompany loans.
Accrued original issue discount (OID) on intercompany loans is treated as interest.
Analysts have attributed the negative trend to the crisis fallout - the uncertainty reigning in the euro area and the European Union as a whole, the government's conflicting messages, deteriorating public finances and outstanding payments on intercompany loans.
9 million in intercompany loans and capital contributions.
On March 31, parent company Schmitz Cargobull AG decided the UK company would not have to pay off a "specified portion" of intercompany loans totalling pounds 2.