Members Fly to Europe for $150 Dollars
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").
