+21 Home Country Definition Us Law Ideas. A country where a company that is based in another country has business activities: The country in which a person was born and usually raised, regardless of the present country of residence and citizenship.

(b) home country except as provided in regulations— (i) controlled foreign corporation the term “home country” means, with respect to any controlled foreign corporation, the country under. Home law and legal definition generally home means a dwelling place. Wiktionary (1.00 / 1 vote) rate this definition: