Which of the following is true for VAT (in Europe) and GST (in Canada) ?
A) Both of them are applicable for export goods.
B) VAT is applicable for export goods while GST is not.
C) GST is applicable for export goods while VAT is not.
D) Neither of them are applicable for export goods.
Correct Answer:
Verified
Q3: A controlled foreign corporation (CFC)is:
A) a foreign
Q4: A tax levied on passive income earned
Q5: Withholding tax is:
A) a tax levied on
Q6: A foreign subsidiary is:
A) an extension of
Q8: To tax national residents of a country
Q9: A product has the following stages
Q10: In Canada:
A) Canadian-based MNC do not pay
Q11: The three basic types of taxation are
A)income
Q11: A foreign branch is:
A) an extension of
Q12: A product sells in the first stage
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