Holding company definition: for tax purposes, a holding company is one of which a foreign or specified company is subsidiary. The term Holding Company is defined for tax purposes so that, in relation to a foreign company or a specified company, a holding company is a company of ... Summary
Holding company definition: for tax purposes, a holding company is one of which a foreign or specified company is subsidiary.
The term Holding Company is defined for tax purposes so that, in relation to a foreign company or a specified company, a holding company is a company of which that foreign or specified company is a subsidiary, with subsidiary status serving as the operative criterion for recognition as a holding company under the provision.
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