Offshore finance subsidiary

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Offshore finance subsidiary

A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent's domestic or foreign business.

Offshore Finance Subsidiary

A wholly-owned subsidiary that exists in a foreign country, especially a tax haven. An offshore finance subsidiary issues stocks and bonds on behalf of the parent company outside the jurisdiction of the home country. The issues will therefore be subject to fewer regulations and perhaps also less scrutiny.
References in periodicals archive ?
With the court declaration, the people of Ikale wasted no time in enforcing the judgment despite an appeal filed by the Araromi Obu community to challenge the ruling of the lower court at the Appeal Court.
Students will attend OBU during the first four semesters of the program; they then can continue earning that degree through Ouachita Online while dually enrolled at Baptist Health College Little Rock and earning an associate of applied science in nursing degree from there.
As compared to public key methods, the LGTH scheme significantly reduces OBU computational costs but requires the application of a verification process, which increases overhead signaling.
In such cases, the isolated intersection eco-driving model may not always be appropriate for use with multiple intersections, since OBU does not acquire the necessary information from the next RSUs, and thus these models cannot provide an optimized speed for the sequential intersections.
However, the interconnection time between the CP and OBU is very short.
Its flagship 3.5 million MTPA Obu Cement Plant in Edo State was supplied by the world-renowned FLsmidth of Denmark with civil construction by Julius Berger.
They exhibit the limits of international solidarity movements in Canada: the apathy and inactivity of the masses of Canadian workers; the outright hostility of the mainstream labour movement to radical causes; the sectarianism of the CPC; the limitations and weakness of the One Big Union (OBU) and IWW; the conservatism of Canadian Italian organizations, and the limitations of anarchism in Canada, reflected in the lacklustre activity of Goldman.
The most momentous decision of the conference was to abandon the TLC altogether and launch the One Big Union (OBU).
First, the computation power of an OBU is not strong enough to handle all verifications in a short time, especially in places where the traffic density is high.
Organized chronologically, this study follows attempts by the Socialist Party of Canada, Social Democratic Party of Canada, One Big Union (OBU), Industrial Workers of the World (IWW) and Communist Party of Canada (CPC) to establish themselves in the vanguard of left politics at the Lakehead.
In order to protect privacy in VANETs, each OBU can obtain multiple certified key pairs and use different public keys each time.
Australia has set July 2015 as the target date for the introduction of reforms to the offshore banking unit (OBU) regime.