Examples of Controlled Company in a sentence
At any time during which shares of capital stock of the Corporation are listed for trading on the Securities Exchange, the Corporation shall not rely upon the Controlled Company Exemption.
The shareholders' meeting of the Controlled Company already approved the Amendment Agreement on April 22, 2014 by notarized shareholder resolu- tion.
A fiscal unity for income tax purposes allows for the allocation of profits and losses of the Controlled Company to the Controlling Entity for purposes of corporate income tax (Körperschaftsteuer) and trade tax (Gewerbesteuer) and, thereby, consolidating them with the results of other group companies which are also part of the fiscal unity for income tax purposes at the group level.
This Amendment Agreement is subject to approval of the shareholders' meeting of the Controlling Entity and the shareholders' meeting of the Controlled Company.
The Controlled Company shall place the management of its company under the control of the Controlling Company.