Mixer Company Law and Legal Definition
Mixer Company is the term used to designate an intermediate holding company. The purpose of which is generally to "mix" income from various foreign sources in order to maximize the benefit of foreign tax credits. The mixer company receives income both from countries with a higher tax rate than that of the destination country and from countries with a lower tax rate, which it then pays out as a dividend. This structure has the effect of averaging out the rate of foreign tax paid.
Legal Definition list
Related Legal Terms
- Accompanying Relative [Immigration]
- Accompanying Spouse and Dependents
- Accompanying the Armed Forces outside the United States
- Accompanying the Federal Government Outside the United States
- Accompanying Visa
- Affiliate and Associated Company
- Affiliated Company (Gaming Law)
- Armored Car Company
- Bank Holding Company
- Bank Service Company
