domestic corporation

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Domestic corporation

A corporation that is conducting business and is based in the country in which it is established, as opposed to a foreign corporation.

Domestic Corporation

A corporation that operates in the country in which it was organized and is based. Like all corporations, it must abide by domestic regulations and business practices. Many corporations operate in multiple countries, and are considered domestic corporations only in the home country. See also: Foreign corporation, International corporation.

domestic corporation

A firm incorporated under the laws of the country or state in which it does business. For example, a firm incorporated in the United States is considered a domestic corporation in the U.S. but a foreign corporation elsewhere. Compare foreign corporation.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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It would seem, therefore, that domestic corporations can donate to a political party, or candidate, for the purpose of a partisan political activity.

Taxability of election contribution

1 eligible domestic corporations and domestic LLCs that have ceased doing business and have no assets may be eligible for administrative dissolution/cancellation under recently enacted AB 2503.

Administrative Dissolution/Cancellation of Domestic Corporations and LLCs

shareholders that are domestic corporations qualify for a

A QUICK AND EASY GUIDE TO THE NEW FDII, GILTI, AND 100 PERCENT FOREIGN DRD INTERNATIONAL TAX PROVISIONS OF THE 2017 TAX CUTS AND JOBS ACT

16 Dividends received from domestic corporations 176.1

Relation of Corporate Profits, Taxes, and Dividends in the National Income and Product Accounts to Corresponding Measures as Published by the Internal Revenue Service

The bill amends the NIRC provision to reduce the income tax on domestic corporations from 35 percent to 25 percent, and removes the preferential tax rates that certain sectors enjoy.

2nd tax package could lead to higher tuition, warns Bam

"The Act changes the taxation of domestic corporations from a worldwide tax system to a hybrid territorial tax system by establishing a limited participation exemption system.

Tax Cuts and Jobs Act of 2017

7458 provides for a one-percentage point reduction in the current 30 percent corporate income tax every year for domestic corporations, resident foreign corporations and non-resident foreign corporations starting 2019, provided that the cut would not reach lower than 20 percent.

DOF sees timely passage of tax reform packages within 2018

As a complement to the new GILTI regime, the new legislation introduced a somewhat similar reduced-tax regime for foreign "intangible income" earned directly by domestic corporations that parallels the reduced rate of tax that applies to such income earned by foreign subsidiaries.

Tax-Efficient Supply Chain in Shadow of Tax Reform: GILTI, FDII, and BEAT: they're not just acronyms - they require reassessing tax consequences of existing supply chain structures

The effect of this rule is that domestic corporations owning at least 80% of the vote and value of the stock of another corporation that itself operates a trade or business are entitled to an ordinary loss if the affiliated company's stock becomes worthless.

Ordinary loss deductions under sec. 165(g)(3) in the S corp. context

"We will continue our dedication to help global and domestic corporations to navigate the challenges they face through our investigative solutions."

Verity Consulting Limited Wins at the Corporate LiveWire M&A Awards 2015

(3,4) FCDCs, domestic corporations "controlled" by foreign persons, are the focus of this article.