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International finance subsidiary

The financial definition for International finance subsidiary:

A subsidiary incorporated in the US, usually in Delaware, whose sole purpose once was to issue debentures overseas and invest the proceeds in foreign operations, with the interest paid to foreign bondholders not subject to US withholding tax. Elimination of the corporate withholding tax has ended the need for this type of subsidiary.




Similar Matches

Bank for International Settlements (BIS)

Bank for International Settlements (BIS)
An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation.


Capital International Indexes

Capital International Indexes
Market indexes maintained by Morgan Stanley that track major stock markets worldwide.


Domestic International Sales Corporation (DISC)

Domestic International Sales Corporation (DISC)
A US corporation that receives a tax incentive for export activities.


Further Suggestions

International arbitrage
International Asset Pricing Model (IAPM)
International Bank for Reconstruction and Development (IBRD)
International Bank for Reconstruction and Development (IBRD)
International Banking Facility (IBF)
International bonds
International Chamber of Commerce (ICC)


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International finance subsidiary
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