| 释义 |
Foreign branch Foreign branchA foreign affiliate that is legally a part of the firm. According to the U.S. tax code, foreign branch income is taxed as it is earned in the foreign country.Foreign BranchA branch of a foreign company that operates in the United States, or a branch of an American company operating outside the U.S. In both cases, the branch is legally part of the company and is not its own entity. Each type of foreign branch is subject to special tax considerations. |