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Foreign Sales Corporation

Trade Associations
Articles of Stone, Plaster, Asbestos, Mica, etc
From Indonesia
To Malaysia
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Raymond Y.
Oct 18, 2021

What Is a Foreign Sales Corporation?

1 answer

David W.
Oct 18, 2021

A foreign sales corporation (FSC) is a defunct provision in the U.S. federal income tax code which allowed for a reduction in taxes on income derived from sales of exported goods. The code required the use of a subsidiary entity in a foreign country which existed for the purposes of selling the exported goods.

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