Centralized Management

Centralized Management means:
a characteristic indicating that an organization may be taxed as a corporation. Day-to-day business operations are handled by appointed officers rather than the shareholders. Former Tax Regulation (check if this Reg. is current here) §301.7701-(2)(c).

U.S. and other Developed Countries International Tax Meaning

CENTRAL MANAGEMENT AND CONTROL – Where the central management and control is located is a test for establishing the place of residence of a company. Broadly speaking, it refers to the highest level of control of the business of a company.