A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods.

Refers to a provision of the U.S. tax code that grants income-tax rebates to American exporters if they form what may be a largely artificial foreign subsidiary called an FSC. This has been the subjec [..]

Under U.S. tax law, a corporation created to obtain tax exemption on part of the earnings of U.S. products in foreign markets. Must be set-up as a foreign corporation with an office outside the USA.

Under U.S. tax code, a type of foreign corporation that provides tax–exempt or tax–deferred income for U.S. persons or corporations having export–oriented activities.  

Foreign Sales Corporation (“FSC”) is a classification given to a U.S. corporation which engages in substantial export business. Exporters may register as FSC in order to receive certain tax advantages [..]

An FSC is a corporation created to secure U.S. tax exemption on a portion of earnings derived from the sale of U.S. products in foreign markets. To qualify for special tax treatment, an FSC must be a [..]

A corporation which may be established by a US exporter to shelter some of his income from taxation. Special tax treatment is granted if the FSC fulfils certain conditions, such as being a foreign cor [..]

In the U.S. tax code, a specialized sales corporation whose income is lumped into the same income basket as that of a domestic international sales corporation.

A U.S. program, which allowed United States-based corporations to set …

A special type of corporation created by the Tax Reform Act of 1984 that is designed to provide a tax incentive for exporting U.S.-produced goods.