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Thus the corporation is a domestic corporation in Delaware or Nevada, and is a foreign corporation in any other state (or country) with which it registers. While there may be tax benefits as a result of choosing where a corporation's domestic jurisdiction is located, registering as a foreign corporation in another state can create new tax ...
Since the U.S. law says that a corporation is a person, [4] the term alien is not limited to natural humans because what are colloquially called foreign corporations are technically called alien corporations. Because corporations are creations of local state law, a foreign corporation is an out-of-state corporation.
an alien lawfully admitted for permanent residence; an unincorporated association with a substantial number of members who are citizens of the United States or are aliens lawfully admitted for permanent residence; a corporation that is incorporated in the United States.
The Alien Enemies Act was enacted in 1798 to combat spying and sabotage during tensions with France. It authorizes the president to deport, detain or place restrictions on individuals whose ...
Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons. In most countries, a corporation has the same rights as a ...
Protester holding Adbusters' Corporate American Flag at the Second inauguration of George W. Bush in Washington, D.C.. Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests.
Elon Musk’s unsolicited $97 billion bid for OpenAI‘s assets has created a valuation challenge for the artificial intelligence leader, potentially complicating its planned transition to a for ...
Mostly, in order for diversity jurisdiction to apply, complete diversity is required, where none of the plaintiffs can be from the same state as any of the defendants. [3] A corporation is treated as a citizen of the state in which it is incorporated and the state in which its principal place of business is located. [4]