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Encyclopedia > Subsidiaries

A subsidiary is a corporation controlled by another. When that control or ownership is not shared, it is termed a wholly-owned subsidiary. Subsidiaries are distinct legal entities for purposes of taxation and other forms of regulation. A large holding company such as Berkshire Hathaway will usually organize all of their holdings into subsidiaries, sometimes with multiple levels of containment ([1] (http://www.berkshirehathaway.com/subs/sublinks.html)).


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  Results from FactBites:
 
Subsidiary - Wikipedia, the free encyclopedia (137 words)
In business, a subsidiary is a company controlled by another company or corporation.
Multinational holding companies such as Berkshire Hathaway[1], Time Warner, or Citigroup usually organize all holdings into subsidiaries, sometimes with multiple levels of containment.
Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation.
Encyclopedia: Subsidiary (528 words)
Subsidiary motions, except to lay on the table, the previous question, and postpone indefinitely, may be amended.
The motion to amend anything that has already been adopted, as by-laws or minutes, is not a subsidiary motion but is a main motion and can be laid on the table or have applied to it any other subsidiary motion without affecting the by-laws or minutes, because the latter are not pending.
The subsidiary bodies are open to participation by all Parties to the Convention, and governments often send representatives who are experts in the fields of the respective bodies.
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