In 2015, manufacturing accounted for the largest share of U.S. affiliate
employment by industry of sales (30.4 percent), of which motor vehicles, bodies and trailers, and parts accounted for 5.9 percent, chemicals accounted for 4.0 percent (half of which was in pharmaceuticals), and food products accounted for 3.7 percent.
multinational corporation, unless the multinational owns a foreign financing subsidiary that borrows money and makes loans to U.S. affiliates
and the interest payments on the loans have not otherwise been grandfathered.
relate to transactions for U.S. affiliate
liabilities and claims.
parents' income receipts from foreign affiliates less U.S. affiliates
' income payments to foreign parents) was $235.0 billion, less than the more narrowly defined deficit on trade in goods and services, which was $500.4 billion.
British-owned affiliates accounted for the largest share of total U.S. affiliate
employment, 17.2 percent, followed by Japanese-owned affiliates (13.2 percent).
21 U.S. affiliates
' liabilities 931,180 1,038,936 931,180
Net payments of $159.3 billion in 2015 resulted from sales by U.S. affiliates
of $4,303.8 billion less deductions of $4,144.5 billion for labor, other inputs, and profits accruing to U.S.
* U.S. affiliates
of foreign companies (majority-owned) employ approximately 5.3 million U.S.
and European foreign affiliates is more than three times as high as that of U.S. affiliates
in Asia and Asian affiliates in the United States.
goodwill, i.e., the disparity in treatment between foreign and U.S. affiliates
. Under the TBV method, the value of a foreign affiliate equals the taxpayer's basis in the foreign affiliate's stock.
Habitat for Humanity NYC is one of more than 1,700 U.S. affiliates
of Habitat for Humanity International, which helps build housing for low-income families.
Sales through some 23,000 majority- and minority-owned U.S. affiliates
of foreign corporations in 1999 (the most recent year for which we have reliable statistics) totaled $2.6 trillion, a very big number by any measure, more than double the value of 1999 export sales of $957 billion--the common measure of U.S.