Category: Business law
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Commodity Credit Corporation
A Federally chartered corporation controlled by the U.S. government and administered as a part of the Department of Agriculture. In addition to various domestic agricultural stabilization efforts, the CCC administers three foreign sales promotion programs….
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Doing Business in Foreign Countries
Doing Business in Foreign Countries Here are some useful sources: The World Bank’s Doing Business Project. The Country Commercial Guides by the U.S. Commercial Service (free). Use the Market Research Library Search with the “Report Type” set to “Country Commercial Guides.” The PriceWaterhouseCoopers “Doing Business in ______” series. The free Deloitte International Tax and Business…
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Company Information
Company Information Legal Materials: Some Basics When someone asks for information about a company, a complete answer will include: company profiles, financial data, news articles and any other information particularly relevant to that company. Some researchers generally use the following sources, not necessarily in order, to compile a packet with a reasonable amounts of each…
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United States Trade Representative
An office, with ambassadorial rank, created by Congress to direct U.S. trade negotiations during the Kennedy and Tokyo Rounds. Known previously as the special trade representative and the special representative for trade negotiations, the office was reorganized with expanded powers by Executive […]
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Growth Company
Growth Company Growth Company in the United States There are certain research provisions in Title I of the JOBS Act in relation to growth companies. These provisions include, among others: Analyst Communications. Section 105(b) of the JOBS Act amends Section 15D of the Securities Exchange Act of 1934 (“Exchange Act” ) to prohibit the Commission…
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Startup
Startup Startup in the United States The Jumpstart Our Business Startups Act (the “JOBS Act”) was enacted on April 5, 2012. Title V and Title VI of the JOBS Act amend Section 12(g) and Section 15(d) of the Exchange Act as follows: The holders of record threshold for triggering Section 12(g) registration for issuers (other…
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Encyclopedia of Business and Finance
Encyclopedia of Business and Finance Details Title: Encyclopedia of Business and Finance. Edition: 2nd ed. Editor: Burton S. Kaliski. Copyright: 2006. Pages: 791p. Review to the Encyclopedia of Business and Finance “This encyclopedia is designed to “summarize the body of knowledge that we know as business in one place and in language appropriate to the…
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Accepted for Value
Accepted for Value Acceptance for Value In commercial law, acceptance for value is relating to contracts. See in this Encyclopedia the meaning of Simple Contracts and the meaning of Adhesion Contracts. Example of adhesion contracts are gas or electricity contracts, or traffic tickets. In some instances, if the contract has been a negotiated contract instead…
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Consent to Act as Director Sample
Consent to Act as Director Sample Consent letter of director to act as director of the Company In India In India, the requirement of Sec 264 the person who proposed to act as Director of a company: 1) shall file his consent to act as Director, with the Company, (in the act, “if appointed”is mentioned…
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Yugen Kaisha
A form of limited company organization used in Japan for small or family-con- trolled corporations. This form, usually identified by the letters YK, resembles the American dosed corporation and usually includes restrictions on the transfer of stock. A large or public company is usually organized as …
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Western Hemisphere Trading Corporation
A domestic U.S. corporation which was entitled to certain tax advantages under Sections 921-22 of the Internal Revenue Code. To qualify, a U.S.- chartered corporation must (1) derive at least 95 percent of its gross income for the three-year period immediately preceding the taxable year (or througho…
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Western Hemisphere Trading Corporation
A domestic U.S. corporation which was entitled to certain tax advantages under Sections 921-22 of the Internal Revenue Code. To qualify, a U.S.- chartered corporation must (1) derive at least 95 percent of its gross income for the three-year period immediately preceding the taxable year (or througho…
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United States Shareholder
Within the meaning of the Internal Revenue Code, a U.S. person owning 10 percent or more of the voting stock of a controlled foreign corporation (i.e., one in which U.S. shareholders own 50 percent or more of the voting stock). See SUBPART F….
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Umbrella Company
A local subsidiary of a multinational corporation that permits each product division to operate separately but retains at local headquarters the responsibility for cash management, advertising, and physical distribution. The object of such a company is to permit autonomy among product lines without …
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Unitary Taxation
A form of corporate taxation adopted by some U.S. states whereby state income tax is assessed on a pro rata portion of the company's worldwide profits, rather than on locally earned profits only. Unitary taxation emerged in the United States in 1926; at that time it was applied to interstate rai…