FOREIGN SALES CORPORATION (F.S.C.)


Meaning of FOREIGN SALES CORPORATION (F.S.C.) in English

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.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.