U.S. parent

What is U.S. parent?

U.S. parent meaning A person, or entity, resident in the United States, that owns or controls 10 percent or more of the voting securities of an incorporated foreign business enterprise or an equivalent interest in an unincorporated foreign business enterprise. It comprises the domestic operations of a U.S. multinational company (MNC). Related terms: foreign affiliate, foreign parent, U.S. affiliate.

 

reference: BEA Bureau of Economic Analysis. US Department of Commerce

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