InvestorsHub Logo
Followers 72
Posts 4994
Boards Moderated 0
Alias Born 04/04/2012

Re: gitreal post# 62167

Saturday, 01/01/2022 6:47:08 PM

Saturday, January 01, 2022 6:47:08 PM

Post# of 107007
"subsidiaries are separate and distinct legal entities from their parent companies, which reflects in the independence of their liabilities, taxation, and governance. If a parent company owns a subsidiary in a foreign land, the subsidiary must follow the laws of the country where it is incorporated and operates."

https://www.investopedia.com/terms/s/subsidiary.asp