Business, Legal & Accounting Glossary
A U.S. corporation doing business in the state in which it is incorporated. opposite of foreign corporation.
The domestic corporation was an asset to the country, because they made the highest quality tennis rackets available in the world.
They were a domestic corporation and worked within our country which was a lot different than a foreign corporation, that worked outside of our country.
ABC incorporated started off as a domestic corporation based in Kentucky and has expanded its services worldwide with subsidiaries in Japan and Australia.
1120-RIC Form
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Domestic Corporation are sourced/syndicated and enhanced from:
This glossary post was last updated: 30th October, 2021 | 0 Views.