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A '''Foreign Sales Corporation''' (FSC) under [[United States]] tax law, is a corporation created to obtain tax exemption on part of the earnings of U.S. products in foreign markets. An FSC must be set-up as a foreign corporation with an office outside the U.S.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/F.html]</ref>
A '''Foreign Sales Corporation''' (FSC) under [[United States]] tax law, is a corporation created to obtain tax exemption on part of the earnings of U.S. products in foreign markets. An FSC must be set-up as a foreign corporation with an office outside the U.S.<ref>[http://www.marad.dot.gov/publications/glossary/F.html U.S. Department of Transportation Maritime Administration]</ref>
==References==
==References==
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[[Category:Shipping Terms]][[Category:Economics]]
[[Category:Shipping Terms]][[Category:Economics]]