Key terms:
'US FIRM':
INS General Counsel David A. Martin issued a legal opinion on Sept 14, 1995.
U.S. firm is determined by 50%+ ownership as similarly defined in another
provision INA 316(b). Further, in subsidiary relationships it is the top
owner that counts. The opinions illustration assumes the top company to
be foreign, but the converse of the illustration follows: if Company D
(UK) is subsidiary of Co. C(UK), which is subsidiary of Co. B (UK),
wholly owned subsidiary of Co. A(US), Co. A is a U.S. Company.
'TRADE AND COMMERCE':
Based on General Counsel Opinion in Feb. 23, 1993 republished 72 IR 1154
and another published in 1987. Trade and Commerce should be construed
broadly to cover trade in services or technology and this is consistent
with Congressional intent. "Trade and Commerce not defined in regs but
should be interpreted liberally in a fashion similar to that applied
in the E-1 nonimmigrant context. 8 CFR §214.2(e)(2).