Sentence examples for subsidiary set up from inspiring English sources
Oracle is helping Wal-Mart's McLane subsidiary set up a procurement exchange with Chevron.
Like all things Russians, Gazprombank owns a subsidiary set up to handle the South American JV called GPB Global Resources.
Under one typical method, used especially by pharmaceutical companies, a business transfers a patent on a drug to a phantom subsidiary set up offshore in a country that does not collect corporate taxes.
When Mercedes' AMG hot-rod subsidiary sets up shop later this month at the Geneva Motor Show, it's going to think what that Bulls team must have thought when it walked onto its home court at the United Center: We own this place..
Captives provide insurance to their parent companies, and the term originally referred to subsidiaries set up by any large company to insure the company's own risks.
The dispute is over a tax break, worth billions of dollars, that federal law currently allows exporters through the use of so-called foreign sales corporations, subsidiaries set up in places like the Virgin Islands, Barbados and Guam.
Committee staffers said they did not find similar subsidiaries set up for stateless tax bills at those two companies.
The report underscores the controversial issue of major companies using elaborate maneuvers to sidestep taxes, often by stowing income in overseas subsidiaries set up primarily for tax purposes.
A Red Bull North America subsidiary was set up in Santa Monica, Calif., in 1997, and the product was slowly rolled out in the United States.
Scams such as special purpose vehicles (where a subsidiary is set up that technically isn't a bank) might tick the FSA boxes but a proper regulatory system needs to take a grip on them.
"It's really interesting to see Howard Dean campaign against tax shelters and corporate abuse when he spent time as governor creating tax shelters for companies like Enron," Mr. Kerry said, referring to reports that, as governor, Dr. Dean gave tax breaks to insurance companies, including an Enron subsidiary, that set up in Vermont.
