foreign sales corporation

Definition of "foreign sales corporation"
  1. A corporation established outside the U.S. under U.S. tax law to gain a tax exemption on some earnings from U.S. products in global markets
How to use "foreign sales corporation" in a sentence
  1. To minimize tax obligations, the firm established a foreign sales corporation.
  2. The foreign sales corporation helps U.S. companies compete in international markets by providing tax benefits.
  3. The use of a foreign sales corporation can increase the net profits for U.S. exporters.

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