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Foreign corporation |
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Foreign corporationA corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. See: Alien corporation.Foreign corporation Similar MatchesForeign Sales CorporationForeign Sales CorporationRefers 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. Domestic corporationDomestic corporationA corporation that is conducting business and is based in the country in which it is established, as opposed to a foreign corporation. Advance corporation taxAdvance corporation taxTax payable by companies on dividend payments up to 5th April 1999 which was offset against the company's mainstream corporation tax liability. Freddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Mortgage Backed Securities Clearing Corporation (MBSCC)Mortgage Backed Securities Clearing Corporation (MBSCC)"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Further SuggestionsCommodity Credit CorporationForeign Sales Corporation (FSC) Federal Deposit Insurance Corporation (FDIC) Options Clearing Corporation Controlled foreign corporation (CFC) corporation tax Pension Benefit Guaranty Corporation Eleemosynary Corporation Financing Corporation (FICO) Articles of incorporation closely held corporation Resolution Funding Corporation (RefCorp) S Corporation Securities Investor Protection Corporation Corporation Private Export Funding Corporation (PEFCO) International Finance Corporation (IFC) Multinational corporation Section 352 of the Income and Corporation Taxes Act 1988 Resolution Trust Corporation (RTC) Federal Deposit Insurance Corporation Quasi public corporation Alien corporation Incorporation Possessions corporation |
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