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Foreign Corporation |
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Foreign corporation A corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. See: Alien corporation.
foreign corporation A corporation that operates in one country but was organized and is based in a different country. Foreign corporations must abide by domestic regulations and business practices, but may (or may not, depending on the specific organization) submit their profits to shareholders in the home country. Many corporations operate in multiple countries, and are considered foreign corporations in each country except the home country. See also: Domestic corporation, International corporation. Foreign Corporation A corporation not organized under the laws of one of the states or territories of the United States. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| A passthrough entity (as well as a controlled foreign corporation (CFC)) that does not have a required tax year, is disregarded solely for purposes of determining whether a corporation owns an interest in a passthrough entity or CFC in applying certain scope limits under Rev. Form 926--Return by a US Transferor of Property to a Foreign Corporation Issues for Controlled Foreign Corporation (CFC) Sellers of a Foreign Target |
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