Holding Company

Holding Company means:
a business entity (like a corporation or company) organized for the purpose of owning stock in and managing one or more other corporations. Holding companies traditionally own many corporations in widely different business areas. See also brother-sister controlled group of corporations. Former IRC (check if this IRC provision is current here) §§1083 and 533(b).

U.S. and other Developed Countries International Tax Meaning

Company whose main purpose is to hold substantial shares of other companies.