TaxesMulti-stage tax system Extended limited tax liability Pre-tax profits Exemptions Juridical double taxation Equal treatment
Captive bank
A captive bank is a fully owned subsidiary of a multinational corporation that offers banking services to the parent company and its affiliated entities. These banks are typically established in countries with favorable tax laws and minimal restrictions on foreign exchange. This allows the parent company to take advantage of lower capital requirements and unrestricted financial transactions. In other words, a captive bank serves as a strategic financial tool for multinational corporations to optimize their operations and maximize profits.
Related terms
Understand the meaning and definition of Multi-stage tax system in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Extended limited tax liability in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pre-tax profits in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Exemptions in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Juridical double taxation in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Equal treatment in the context of stock market, trading, and investments.
MOREExplore other categories
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
