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Foreign Sales Corporation (FSC) |
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Foreign Sales Corporation (FSC)A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods.Foreign Sales Corporation (FSC) Similar MatchesForeign corporationForeign 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. Options Clearing CorporationOptions Clearing CorporationIn the US, the OCC is the body which clears options transactions. Founded in 1973, OCC is the largest clearing organisation in the world for financial derivatives instruments. Operating under the jurisdiction of the Securities and Exchange Commission, OCC is the issuer and registered clearing facility for all US exchange-listed securities options. OCC issues put and call options on several types of underlying assets including common stocks and other equity issues, stock indexes, foreign currencies and interest rate composites. URL: http://www.optionsclearing.com Section 352 of the Income and Corporation Taxes Act 1988Section 352 of the Income and Corporation Taxes Act 1988See 'certificate of deduction of tax'. Corporation taxCorporation taxA tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies. Transnational corporationTransnational corporation1. 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 SuggestionsCorporationResolution Trust Corporation (RTC) Instinet (Institutional Networks Corporation) Closed corporation Alien corporation National Association of Investors Corporation Resolution Funding Corporation (RefCorp) Pension Benefit Guaranty Corporation National Association of Investors Corporation Shell corporation advance corporation tax Controlled foreign corporation (CFC) Securities Investor Protection Corporation Domestic International Sales Corporation Multinational corporation (MNC) Domestic International Sales Corporation (DISC) Security Industry Automated Corporation (SIAC) Federal Deposit Insurance Corporation (FDIC) articles of incorporation Freddie Mac (Federal Home Loan Mortgage Corporation) National Securities Clearing Corporation Edge Act corporation Edge corporations Securities Industry Automation Corporation International Finance Corporation (IFC) |
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