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Foreign Sales Corporation

Foreign Sales Corporation to receive a reduction in US federal income taxes for profits derived from exports, through the use of an offshore subsidiary.

Thu, 26 May 2011 00:10:41

Foreign Sales Corporations (FSCs)Defined: as a means formerly provided by United States taxation law for US companies to receive a reduction in US federal income taxes for profits derived from exports, through the use of an offshore subsidiary (a "Foreign Sales Corporation").



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