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joint venture
(redirected from Corporate joint venture)

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.04 sec.
joint venture
Medical practice An arrangement in which physicians own the health care facility to which they refer Pts for services, but do not themselves practice medicine. See Kickback, Safe harbor.


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Any entity other than (a) one whose securities trade in a public market either on a stock exchange (domestic or foreign) or in the over-the-counter market, including securities quoted only locally or regionally; (b) one that makes a filing with a regulatory agency in preparation for the sale of any class of its securities in a public market; or (c) a subsidiary, corporate joint venture, or other entity controlled by an entity covered by (a) or (b).
Because the majority corporate joint venture tax issues resemble those involving subsidiaries (discussed below), this section discusses only the first two types.
Licensed in all states, CMG Mortgage Insurance Company (CMG MI) operates as a corporate joint venture between CUNA Mutual Investment Corporation and PMI Mortgage Insurance Co.
 
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