Friday, December 12, 2014 4:20:10 PM
In legal Terms: The home state where the entity resides. But entity or Body is not the pysical presence like the Office.
Everybody knows this when studying the tax-heavens of companies and why there is difference between the physical Body and the corporation Body.
For Starters: It is very very simple.
Domestic means that this entity is Domiciled in Delaware (Nestle) or Nevada (DECN(
Foreign means that this entity is domiciled in another jurisdiction but registered/qualified to do business in Delaware(Nestle) or Nevada (DECN)
Again, the Registration of NESTLE- - this says all.
https://delecorp.delaware.gov/tin/controller
Now based on this Definition, please explain, what Kind of Business then Nestle would do in Delaware or DECN in Nevada.
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