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Concept information

Término preferido

foreign sales corporation  

Definición

  • A foreign sales corporation (FiSC) is a part of the United States Internal Revenue System tax code that allows exporting companies to shield profits from taxation. The European Union (EU) and other U.S. trading partners viewed this scheme as a subsidy, and challenged it in the World Trade Organization (WTO). [Source: Encyclopedia of Business in Today's World; Foreign Sales Corporation]

Concepto genérico

Pertenece al grupo

URI

http://data.loterre.fr/ark:/67375/N9J-GW4FZ9D1-3

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