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Subsidiaries in sentence

148 examples of Subsidiaries in a sentence

Though the shell-like subsidiaries of global tech conglomerates have little positive impact on most households’ income, Ireland’s establishment is proud of its links with the likes of Apple.
In addition to rolling out the welcome mat for energy-hungry China, oil ministry officials say they will tighten financial regulations and impose sanctions on companies seen as defaulting on tax and royalty payments – moves apparently aimed at local subsidiaries of Western oil companies in the Niger Delta.
Current US law attempts to blunt these competitive disadvantages through deferral, allowing US multinationals to delay tax payments on their foreign subsidiaries' earnings until they are repatriated to the US.
As a result, the nation-state and its subsidiaries, the typical loci for internalizing externalities, are limited in their remedial capacity.
For example, multinational corporations use methods like transfer pricing (book-keeping of goods, services, and resources transferred between a single company’s branches or subsidiaries) to minimize tax liability on their profits from international operations.
Roughly 60% of Chinese exports represent shipments of “foreign invested enterprises” – in effect, Chinese subsidiaries of global multinationals.
So Daewoo took over Samsung's car plants, and Samsung took over Daewoo's electronics subsidiaries.
Banks nowadays create products and IT platforms to serve their customers in all their countries of operation; so separate prudential assessments of units in these cross-border groups, be they subsidiaries or branches, is hardly rational.
The current de-centralized supervisory framework, with several independent “host” supervisors for subsidiaries and the parent bank’s home supervisor as primus inter pares , is clearly unsatisfactory.
Under EU law, the home supervisor deals with a bank’s operations as a whole – meaning the parent company and its subsidiaries.
To pose these questions is to conclude that there is no practical alternative to a European FSA with the sole authority to supervise multinational financial institutions, including all their subsidiaries and branches within the EU and globally.
Its members proposed that universal banks be obliged to set up ring-fenced retail-banking subsidiaries with a much higher share of equity capital.
Only the retail subsidiaries would be permitted to rely on the central bank for lender-of-last-resort support.
State-owned enterprises, or their subsidiaries, dominate key markets, as in interwar Italy.
For European bankers, and some governments, current efforts by the US to revise its approach to the operation of foreign bank subsidiaries within its territory highlight that imperative.
Some foreign banks are now withdrawing liquid funds from subsidiaries in emerging Europe.
Whether other parent banks active in the region stand by their subsidiaries depends on how severe the crisis in Western Europe becomes.
While most parent banks in the region are likely to benefit from these measures, this does not necessarily translate into support for their foreign subsidiaries.
Second, they must prevent the crisis measures already taken from discriminating against subsidiaries in Central and Eastern Europe, independently of whether they are within or outside the European Union.
The Ukrainian state-owned energy giant Naftogaz and its subsidiaries alone are claiming $7 billion in damages, while Oschadbank, Privatbank, and Ukrnafta are seeking compensation of $1 billion each.
In dozens of other countries where JP Morgan operates subsidiaries, branches, or other kinds of business, there would be “plain vanilla” bankruptcy – while some governments would jump in with various ad hoc arrangements.
While businesspeople travel in order to trade or invest, more than half of international business travel seems to be related to the management of foreign subsidiaries.
The data show that there is almost twice the amount of travel from headquarters to subsidiaries as there is in the opposite direction.
The plan’s most important provision reduces the corporate tax rate from 35% to 20% – from the highest among all OECD countries to one of the lowest – and allows US companies to repatriate the profits of their foreign subsidiaries without paying additional US taxes.
American corporations will invest more in the US, because foreign countries will no longer offer lower tax rates, and will repatriate profits earned by their foreign subsidiaries rather than leaving them abroad.
Worse still, corporations in advanced countries can create subsidiaries in member countries through which to invest back home, and then sue, giving them a new channel to bloc regulations.
More than 1,400 foreign-funded R&D institutions are currently operating in China, and data from China’s Ministry of Commerce indicate that 480 of the world’s top 500 companies have established local subsidiaries.
So it is not surprising that massive government deficits financed by explosive monetary growth have caused the currency to collapse, with multinationals writing down the value of their Venezuelan subsidiaries each time the official exchange rate is lowered.
Contrary to concerns that foreign banks would cut and run at the first sign of trouble, in the current crisis they maintained a remarkable degree of support for their subsidiaries in emerging markets.
They could outlaw initiatives that the UK holds dear, such as new rules to ring-fence retail banks’ subsidiaries and impose higher capital requirements on them.
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