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How does the Internal Revenue Code define the term “foreign”?

April 26, 2017code define foreign Internal revenue term

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How does the Internal Revenue Code define the term “foreign”?

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When applied to a corporation or partnership the term “foreign” means a corporation or partnership, which is not domestic. A domestic corporation or partnership is one that is created or organized in the United States or under the law of the United States or any state within the U.S.