Transactions between large foreign-owned domestic corporations and related foreign persons, 1993

Transactions between large foreign-owned domestic corporations and related foreign persons in 1993 reflect growing interest in direct foreign investment in the US. Data for the 1991-93 tax years show that the number of related foreign persons reported trended upward. It was up by 16%, 1992 vs 1991, and by 14%, 1993 vs 1992. The number of large foreign-owned domestic corporations reporting transactions with related foreign persons was up by 6%, 1992 vs 1991, and by 18%, 1993 vs 1992. Sales and purchases of stock in trade made up most of the total received from and payments made to the 7,662 related foreign persons.