multinational

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Multinational Corporation

A corporation that maintains assets and/or operations in more than one country. A multinational corporation often has a long supply chain that may, for example, require the acquisition of raw materials in one country, a product's manufacture in a second country, and its retail sale in a third country. A multinational often globally manages its operations from a main office in its home country. Multinational corporations are controversial among groups such as environmentalists and worker advocates, who claim that multinationals exploit resources and employees. On the other hand, proponents argue that multinationals create wealth in every country where they operate, which ultimately benefits workers as well as shareholders.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

multinational

Of, relating to, or being a company with subsidiaries or other operations in a number of countries. The diversity of operations of such companies subjects them to unique risks (for example, exchange rate changes or government nationalization) but at the same time offers them unique profit opportunities closed to domestic companies.
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.
References in periodicals archive ?
Without transparency and unitary taxation, multinationals will be able to continue plundering poor countries from the South.
It has also asked the FBR to provide the details of relatives of FBR high up who are working in multinational tobacco companies on hefty salary packages.
The rule, which was introduced by former chancellor George Osborne and came into force in 2013, exempts multinationals from anti-tax avoidance measures and allows them to shift a portion of their taxable income to an offshore corporation, or "controlled foreign company".
Multinational organisations are also well-known by various names as transnational corporations, international enterprises or global enterprises.
The firm has also entered into a new partnership with Belfor Property Restoration, under which Tribune clients can access a suite of remediation services tailored to the multinational marketplace.
They had lost significant combat power in doing so and now had to turn to one of the two multinational companies (COY) within its task force.
The speakers were of the view that Pakistan would have a special policy framework to attract more and more multinationals as they would bring foreign investment, create employment opportunities and help transfer of technology.
Mumtaz said that Pakistan is a very attractive ground for multinationals. Majority of Multinationals are extremely happy as they make maximum profits and are freely able to repatriate their profits without any hindrances.
The implementation guidelines issued by the OECD provide that the new reporting rules should apply to all multinationals with more than 750 million [euro] (approximately $840 million) in revenue.
The authors also find that the ETRs of multinationals remained relatively stable from 2006 through 2011, with Japan and the United States consistently ranking high in their ETRs and other lower-tax havens and countries ranking low.

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