Romanian law did not take over these definitions of a Romanian company subsidiary
, the notion of subsidiary
being given up to the companies made up by mother-company which gives the name of the subsidiary
Internalization advantage factors indicate a variety of benefits that an MNC can acquire after it controls a subsidiary
's equity to internalize foreign activities.
Although it might seem otherwise, the subsidiary
structure is more about accountability and protection than it is about power.
governance is emerging as one the key topics in the theory and practice of corporate governance, yet very few best practice principles have been developed in this important realm.
Section 208.9 provides that "entire net income" is "total net income from all sources, which shall be presumably the same as the entire taxable income (but not alternative minimum taxable income), which the taxpayer is required to report to the United States Treasury Department." ENI is subject to several adjustments, including that in section 208.9(a)(1), which states, "Entire net income shall not include: (1) income, gains and losses from subsidiary
capital." Section 208.9(a)(1) thus requires that capital gains realized on the sale of a subsidiary
be subtracted in computing entire net income and capital losses added back to income.
If the transfer of property is from the subsidiary
to the parent, it is treated as a deemed distribution under Sec.
In this context, Birkinshaw (1997) has distinguished between the concepts of subsidiary
role--the prescribed contributions a subsidiary
is expected to make to the MNE--and subsidiary
initiatives--the independent strategic decisions of a subsidiary
to expand or otherwise alter its role.
MCC hopes to develop wide-ranging businesses in the Chinese market by employing the sales subsidiary
as a sales base in China.
* Frictional costs of moving money to and from the subsidiary
. The more effort and cost involved, the higher local balances should be kept.
Secondly, the court has ruled that EU treaty rules ban national tax laws levying higher taxes on a local subsidiary
owned by a parent in a foreign EU member state than would be demanded from a subsidiary
transferring its profits to a local parent.
Under this new system, each BHC is assigned a "C" composite rating, which is based on an evaluation and rating of the BHC's managerial and financial condition and an assessment of future potential risk to its subsidiary
In the early 1990s, M&S decided to expand into continental Europe and to do so set up, among others, a French subsidiary
to operate a retail outlet in Paris.