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 (F.S.C.)
Meaning of FOREIGN SALES CORPORATION (F.S.C.) in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012