Foreign Sales Corporation definition

Foreign Sales Corporation means a Wholly-Owned Foreign Subsidiary of Furniture Brands and/or its Restricted Subsidiaries created for the purpose of effecting sales of goods and/or services in foreign countries.
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Foreign Sales Corporation means a company which—
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Foreign Sales Corporation means a corporation as defined in Section 922, Internal Revenue Code.
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Examples of Foreign Sales Corporation in a sentence

  • Acuson Foreign Sales Corporation, organized under the laws of the Virgin Islands.

  • The Philippines 100% Analog Devices Foreign Sales Corporation, B.V. The Netherlands 100% Analog Devices Foundry Services, Inc.

  • Schulman Foreign Sales Corporation Virgin Islands Master Grip, Inc.

  • The Foreign Sales Corporation will not engage in any business other than the sale of goods and/or services outside of the United States and any business reasonably incidental to the foregoing.

  • China Advanced Fibre Communications (HK) Limited Hong Kong AFC Foreign Sales Corporation U.S. Virgin Islands Tellabs Bedford, Inc.

  • These corporations must file Form 1120-FSC, U.S. Income Tax Return of a Foreign Sales Corporation.

  • Hadco Foreign Sales Corporation, a U.S. Virgin Islands corporation.

  • Black Box Canada Corporation Black Box Foreign Sales Corporation Black Box France, S.A. Black Box Datacom, B.V. Black Box Communication SANV Indacom N.V. Blue Box, B.V. Ascor bvba BB Technologies, Inc.

  • Philippines 100% Analog Devices International Financial Services Company Ireland 100% Analog Devices Foreign Sales Corporation Barbados 100% Mosaic Microsystems Limited United Kingdom 100% Analog Development (Israel) 1996 Ltd.

  • Mueller International Sales Corporation, a Foreign Sales Corporation, was organized December 18, 1984, and incorporated under the laws of the Virgin Islands of the United States, and became active in 1985.


More Definitions of Foreign Sales Corporation

Foreign Sales Corporation means a corporation as defined in Section 922, 1329 Internal Revenue Code. 1330 (16) "Income" includes losses. 1331 (17) "Internal Revenue Code" means Title 26 of the United States Code as effective 1332 during the year in which Utah taxable income is determined. 1333 (18) "Nonbusiness income" means income as defined in Section 59-7-302. 1334 (19) "Nonresident shareholder" means any shareholder of an S corporation who on the 1335 last day of the taxable year of the S corporation, is: 1336 (a) an individual not domiciled in Utah; or 1337 (b) a nonresident trust or nonresident estate, as defined in Section 59-10-103. 1338 (20) "Related expenses" means: 1339 (a) expenses directly attributable to nonbusiness income; and 1340 (b) the portion of interest or other expense indirectly attributable to both nonbusiness 1341 and business income which bears the same ratio to the aggregate amount of such interest or 1342 other expense, determined without regard to this Subsection (20), as the average amount of the 1343 asset producing the nonbusiness income bears to the average amount of all assets of the 1344 taxpayer within the taxable year. 1345 (21) "Resident shareholder" means any shareholder of an S corporation who is not a 1346 nonresident shareholder. 1347 (22) "S corporation" means a small business corporation as defined in Section 1361, 1348 Internal Revenue Code. 1349 (23) "Safe harbor lease" means a lease that qualified as a safe harbor lease under 1350 Section 168, Internal Revenue Code. 1351 (24) "State of the United States" includes any of the 50 states or the District of 1352 Columbia and "United States" includes the 50 states and the District of Columbia. 1353 (25) (a) "Taxable year" means the calendar year or the fiscal year ending during such 1354 calendar year upon the basis of which the adjusted income is computed. 1355 (b) In the case of a return made for a fractional part of a year under this chapter or 1356 under rules prescribed by the commission, "taxable year" includes the period for which such 1357 return is made. 1358 (26) "Taxpayer" means any corporation subject to the tax imposed by this chapter.
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Foreign Sales Corporation means Corning Incorporated Foreign Sales Corporation.
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Foreign Sales Corporation means Power Trends Foreign Sales Corporation, a corporation organized under the laws of Barbados.
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Foreign Sales Corporation means a "foreign sales corporation" as defined in Section 922 of the Code. FSFP - see Preamble.
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Foreign Sales Corporation means a foreign sales corporation as defined in Section 922 of the Internal Revenue Code, 26 U.S.C. 922 in effect prior to its repeal by Pub.L. 106-519.
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Related to Foreign Sales Corporation

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;