mixer company

mixer company

a subsidiary of a MULTINATIONAL ENTERPRISE (MNE) located in a low CORPORATION TAX country which ‘collects’ profits remitted from the MNEs other worldwide manufacturing and sales subsidiaries with the aim of minimizing its global tax bill. Usually under ‘double taxation’ treaties between countries once tax has been paid in one country no further liabilities are due when the profits are then remitted on to the MNEs parent company. However, under proposals introduced in its budget of 2000 the UK government indicated that it intends to tackle what it sees as tax evasion by imposing a tax ‘surcharge’ on profits sent back to the UK-based parent companies to bring the tax charge up to the UK's main corporation tax rate (currently 30%). See TRANSFER PRICE, TAX HAVEN.

mixer company

a subsidiary of a MULTINATIONAL COMPANY (MNC) located in a low CORPORATION TAX country that collects’ profits remitted from the MNC's other worldwide manufacturing and sales subsidiaries with the aim of minimizing its global tax bill. Usually, under ‘double taxation’ treaties between countries, once tax has been paid in one country no further liabilities are due when the profits are then remitted on to the MNC's parent company However, under proposals introduced in its budget of 2000, the UK government has indicated that it intends to tackle what it sees as tax evasion by imposing a tax ‘surcharge’ on profits sent back to UK-based parent companies to bring the tax charge up to the UK's main corporation tax rate (currently 30%). See TRANSFER PRICE, TAX HAVEN.
References in periodicals archive ?
said Wednesday it acquired Globe Food Equipment Company, a slicer and mixer company catering to the commercial food service industry.
The PAO chief said Ramos personally visited their office a few days ago, saying that the cement mixer company did not help with the full payment of their family's hospitalization.
Ten years later, she married Mort Seymour, and after her father died, Dawn took ownership of the family business, the Rochester-based Rochow Swirl Mixer Company.
Together with the Hansa Mixer company from Bremen, Henkel has developed a system solution for the aeration of laminating adhesives that enables clean machining even at high production speeds.
Fever-Tree's MD Charles Rolls decided to start the premium mixer company after becoming frustrated with the existing mixers on the market.
The MD of premium mixer company Fever-Tree takes his tipple seriously--so seriously he set up a company to ensure he never had a bad drink again.
Diageo has secured an "arms-length investment partnership" with a cocktail mixer company in the United States.
Daily's, the pre-mixed cocktail and mixer company, has introduced Daily's Mojito Mix, a way, the company says, to make great tasting, muddle-free mojitos every time.
Neptune Mixer Company offers a range of gear-driven portable mixers that provide dependable performance in a wide variety of mixing/blending applications.
Double Planetary Mixer Company offers four-color 14-page brochure covering its line of Double Planetary Mixers.
In the case of a Netherlands mixer company, it seems unlikely that any of the objective tests would be met.
Wednesday said it acquired Globe Food Equipment Company, a slicer and mixer company catering to the commercial food service industry.