A tax deduction or rebate on the payment of profits to a stable subsidiary by a permanent subsidiary that holds a certain number of shares to reduce the double tax on such profits.
Literal Meanings of Affiliation Privilege
Meanings of Affiliation:
Membership or affiliation status or process.
Sentences of Affiliation
Your political affiliation
Synonyms of Affiliation
amalgamation, coupling, confederation, uniting, joining, integrating, combining, incorporating, federation, connecting, bonding, federating, confederating, attaching, aligning, fusion, associating, allying, amalgamating, annexing, integration, merging, incorporation
Meanings of Privilege:
Grant one or more permissions.
Special rights, benefits or protective rights granted or available to certain individuals or groups.
Sentences of Privilege
In British inheritance, the law preferred the oldest child
Synonyms of Privilege
birthright, due, right, benefit, advantage, prerogative, entitlement