Search results for: “bank export services act”
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Bank Export Services Act
A 1982 act of Congress that amends Federal banking laws to permit banks to acquire equity, up to 100 percent, in Export Trading Companies. The act forms Title II of the Export Trading Company Act. See export TRADING COMPANY ACT….
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Foreign Sales Corporation Act
A component of the Tax Reform Act of 1984, which permits formation of Foreign Sales Corporations (FSC, pronounced "fisk") as a tax incentive to American exporters, and revises tax treatment of income earned by Domestic International Sales Corporations (<a href="http://lawin.org/list-o…
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Export Trading Company Act
A 1982 act of Congress designed to promote American exports by modifying the application of antitrust laws and reducing restrictions on export financing on certain export transactions. The legislation is divided into four parts. Title I directs the Department of Commerce to encourage the formation o…
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Export-Import Bank Of The United States
Commonly known as Eximbank, an independent, self-funding agency of the U.S. government created to facilitate exports of American products. Originally chartered under the laws of the District of Columbia in 1934, Eximbank was rechartered by an act of Congress in 1945. The bank provides short-, medium…
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Outline of International business transactions law
Outline of International Business Transactions law PART I: OVERVIEW OF INTERNATIONAL SALE OF GOODS 1) INTERPRETATION OF COMMERCIAL TERMS See Incoterms 2) DOCUMENTS OF TITLE Steps of a Unconfirmed Letter of Credit applied to hypo and “Payment with LOC” chart on LOC flow chart: 1) Value Industries (buyer-applicant) and Globo Industries (seller-beneficiary) K for payment…
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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Database
Database in Legal Information RetrievalThe following is a basic concept of Database in relation to information retrieval. In addition to this, Database may be applied to legal texts, including case law, legislation and scholarly works. Database is a relatively new word for a collection of data […]
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Special Drawing Rights
Summary of Special Drawing Rights An artificial currency unit created by the international monetary Fund (read this and related legal terms for further details), or IMF, to argument international reserves. The expansion of world trade following World War II necessitated an expansion in […]
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Transfer Pricing
The pricing level at which goods are sold between related entities, subsidiary to parent. Transfer pricing has been an area of considerable interest to customs authorities, inasmuch as such sales are often suspected of being manipulated by the parties deliberately to undervalue the goods for […]