A corporation that provides U.S. businesses which export with tax benefits. Exporters can establish a Foreign Sales Corporation (FSC) in a specially designated foreign country, or one of several designated U.S. possessions. The statute providing for the establishment of FSCs was part of the Deficit Reduction Act of 1984.
FOREIGN SALES CORPORATIONS
Meaning of FOREIGN SALES CORPORATIONS in English
UNODC Money-Laundering terms English dictionary. Английский словарь терминов управления ООН по отмыванию денег, преступности и наркотикам. 2012