Domestic corporationA corporation that is conducting business and is based in the country in which it is established, as opposed to a foreign corporation.
Section 352 of the Income and Corporation Taxes Act 1988Section 352 of the Income and Corporation Taxes Act 1988
See 'certificate of deduction of tax'.
A legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation.
Eleemosynary CorporationEleemosynary Corporation
A corporation created for charitable purposes. There are tax advantages accorded to such corporations. The corporation may operate the same as a profit making corporation. Commonly called a nonprofit corporation.
Foreign Sales CorporationForeign Sales Corporation
Refers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subject of a trade dispute with the EU which complained to the WTO that this constitutes an illegal export subsidy.
Transnational corporationTransnational corporation
1. Same as multinational corporation, though for some reason this term seems to be preferred by those who don't like them. 2. A corporation whose national identity is a matter of convenience only, and that will move its headquarters readily in response to incentives.
Further SuggestionsPossessions corporation
Securities Industry Automation Corporation
Mortgage Backed Securities Clearing Corporation (MBSCC)
advance corporation tax
National Securities Clearing Corporation
Federal Deposit Insurance Corporation (FDIC)
Multinational corporation (MNC)
Securities Investor Protection Corporation
Domestic International Sales Corporation (DISC)
articles of incorporation
Federal Deposit Insurance Corporation (fdic)
Private Export Funding Corporation (PEFCO)
Pension Benefit Guaranty Corporation
Resolution Trust Corporation (RTC)
National Association of Investors Corporation
closely held corporation
Resolution Funding Corporation (RefCorp)
Instinet (Institutional Networks Corporation)
International Finance Corporation (IFC)
Foreign Sales Corporation (FSC)
National Securities Clearing Corporation (NSCC)