11 Guam Code Ann. § 78101
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Terms Used In 11 Guam Code Ann. § 78101
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
) A Foreign Sales Corporation or FSC for the purposes of this
Chapter is an entity incorporated in Guam which is a FSC as defined in
§922(a) of the Internal Revenue Code as the same may be amended from time to time.
(b) A small FSC is a FSC which is also a small FSC as defined in
§922(b) of the Internal Revenue Code as the same may be amended from time to time.
SOURCE: GC §16500 added by P.L. 17-63; amended by P.L. 17-75:4.
Chapter is an entity incorporated in Guam which is a FSC as defined in
§922(a) of the Internal Revenue Code as the same may be amended from time to time.
(b) A small FSC is a FSC which is also a small FSC as defined in
§922(b) of the Internal Revenue Code as the same may be amended from time to time.
SOURCE: GC §16500 added by P.L. 17-63; amended by P.L. 17-75:4.