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In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code. A corporation is a personal holding company if both of the following requirements are met: [15] Gross income test: at least 60% of the corporation's adjusted ordinary gross income is from dividends, interest, rent, and royalties.
Perusahaan Perdagangan Indonesia (Indonesia Trading Company) is a nationalized company from several trading companies such as N.V. Borneo Sumatra Maatschappij (Borsumij), Internationale Crediet- en Handelsvereeniging "Rotterdam" (Internatio, one of the predecessors of Imtech), Lindeteves, and Geo Wehry.
PT Semen Indonesia (Persero) Tbk (known as SIG) is a state-owned holding company providing building material solutions. The company has 17 subsidiaries located in Indonesia and Vietnam . With a market reach to Asia , Australia and Oceania , the company's main business is in the cement sector and its derivative products such as concrete , mortar ...
Advantages of a bank holding company can include reduced overall risk and increased access to funding. Examples of bank holding companies include JPMorgan Chase & Co., U.S. Bancorp and Citicorp.
Under the United States Bank Holding Company Act, financial and bank holding companies are regulated by the US Federal Reserve. [1] Companies whose elections to be treated as financial holding companies are effective include:
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PT Bio Farma (Persero) is an Indonesian state-owned enterprise based in Bandung, West Java and the only local vaccine manufacturer in Indonesia, [2] which produces vaccines and sera to support immunization in Indonesia and other countries. [3]
These thought-provoking and funny shows tickled our ears over the past year. Illustration:Jianan Liu/HuffPost; Photo: Betwixt the Sheets, Second Life, We're Here To Help, Hysterical