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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
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However, the immediate tax expense may discourage the company from selling, as holding the stock defers the tax liability and preserves the full value of the assets on paper. Long term cross ownership of shares combined with a high capital tax rate greatly increases periods of asset deflation both in time and in severity.
The indirect holding system (also multi-tiered holding system) is a system of securities clearance, settlement and ownership system where ownership information is held electronically as a book entry. It consists of one or more tiers of intermediaries between issuer and investor.
selected state (statio fisci) or self-governmental legal entities other than legal persons: budgetary units: e.g. State Forests National Forest Holding, Agricultural Social Insurance Fund, statistical offices and the Central Statistical Office, units of various state uniformed services, state inspections and their laboratories – operating on ...
PT MNC Asia Holding Tbk (IDX: BHIT), better known as MNC Group, is an Indonesian conglomerate company founded in 1989. This company operates in the fields of mineral resources, mass media, and investment.
The Tsingshan Holdings Group (Chinese: 青山控股, ching-shan) is a Chinese private company active in the stainless steel and nickel industry. Xiang Guangda in 2017. Tsingshan Holdings was founded in 1988 by Xiang Guangda in Wenzhou. [2] It moved into the Indonesian nickel industry in 2009. [3] Among its assets are: