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ADVANTEST Corporation - translation to English
JAPANESE INTEGRATED CIRCUIT TESTING EQUIPMENT MANUFACTURER
Advantest Corporation
ADVANTEST Corporation
n. società ADVANTEST, società giapponese produttrice e fornitrice di strumenti di misura e attrezzature di controllo automatico
non-profit corporation
LEGAL ENTITY INCORPORATED FOR PURPOSES OTHER THAN GENERATING PROFITS
Non-profit corporation
associazione che non ha scopi di lucro
public authority
TYPE OF NONPROFIT CORPORATION CHARTERED BY A U.S. STATE GOVERNMENT
Public Authority; Public authority; Public benefit nonprofit corporations; Government authorities; Public benefit nonprofit corporation; Public-benefit non-profit corporation
autorità pubblica (corpo ufficiale che si agisce per il pubblico)
Definition
non-profit corporation
n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. A non-profit corporation (also called "not for profit corporation") is formed by incorporators, has a board of directors and officers, but no shareholders. These incorporators, directors and officers may not receive a distribution of (any money from) profits, but officers and management may be paid reasonable salaries for services to the corporation. Upon dissolution of a nonprofit corporation its assets must be distributed to an organization existing for similar purposes under the "cy pres doctrine." In order for contributions to the corporation to be deductible as charitable gifts on federal income taxes, the corporation must submit a detailed application (with a substantial fee) for an Internal Revenue Service ruling that it is established for one of the specific nonprofit purposes spelled out in the Internal Revenue Code. Informational tax returns must be filed annually with the IRS and the state taxing body. In addition, the state Attorney General may have oversight powers to determine if the corporation is abiding by state laws by limiting its activities to its approved non-profit purposes and not milking the corporation for disguised profits.
See also: charity corporation cy pres doctrine
Wikipedia
Advantest
Advantest Corporation (株式会社アドバンテスト) is a Japanese leading manufacturer of automatic test equipment (ATE) for the semiconductor industry, and a manufacturer of measuring instruments used in the design, production and maintenance of electronic systems including fiber optic and wireless communications equipment and digital consumer products. Based in Tokyo, Advantest produces Memory, SoC and RF test systems.
