The bank started operating on the Belgian market two years ago as a foreign branch
of Malta-based Mediterranean Bank.
The shares are held by a foreign branch
of an international bank.
corporation may decide initially to run its foreign operations in branch form if those operations are loss-making and later incorporate the foreign branch
when it becomes profitable.
Alongside the German market, the company also has operations in more than 130 countries through foreign branch
offices, subsidiary and peer companies, and network partners.
Oetker UK has become the company's biggest foreign branch
Britain's Standard Chartered set up the second foreign branch
on Kish a few months later, and the third was Future Bank, a joint venture of Bahrain's Ahli United Bank, Bank Melli Iran, and Bank Saderat Iran.
September 3, 2009 (ADDIS ABABA) -- The state-owned Ethiopian Insurance Corporation (EIC) said that it will soon open its first foreign branch
office in the southern Sudanese capital of Juba.
Furthermore, in situations where the CFC carries on selling or manufacturing activities through a branch in a foreign country, the Internal Revenue Code and regulations impose a branch rule causing the foreign branch
to be treated as a foreign subsidiary of the CFC (the branch rule).
Founded in 1923, the first foreign branch
opened in 1981 and LC Packaging is now directly active in 8 countries: the Netherlands, the United Kingdom, Belgium, France, Spain, Hungary, Germany and Romania.
In fact, taking cash out of a machine from a foreign branch
of your home bank will cost the same amount as non-customers withdrawing money.
8) Congress used a foreign branch
as an example of a "clearly identifiable unit of a trade or business," but it provided no other guidance regarding what it meant when it created the term "separate unit" in section 1503(d)(3).
The country's chief tax collector admits that Vietnamese workers in foreign branch
plants still routinely underreport income, crediting "rising awareness of tax obligations prompted by WTO accession" for the record payment.