The United States taxes the dividends of U.S. companies that are located abroad
A) based on the principle of quid pro quo, i.e., to have same taxes as the country in which the company is located
B) based n the principle that capital should flow to regions where owners can maximize their returns
C) based on the principle that lower taxes encourage foreign direct investment
D) based on the principle that different tax rates in another country should not be a factor in taxing a company's profits
E) based on the principle of leveling the playing field between domestic and foreign companies.
Correct Answer:
Verified
Q24: A U.S. company has purchased a plant
Q25: In the United States, the standards for
Q26: Under the current method
A) monetary assets only
Q27: In the Citigroup study, the main differences
Q28: The Organization for Economic Cooperation and Development
Q30: The European Union
A) taxes the dividends of
Q31: Withholding taxes are usually applied to the
Q32: Value-added tax
A) is another form of a
Q33: Sales tax
A) is taxed on the profits
Q34: Taxes throughout the globe has been reducing
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