Which of the following is not a characteristic of a tax system that an MNC would consider when conducting a tax assessment of a country?
A) corporate income taxes
B) withholding taxes
C) provisions for carrybacks and carryforwards
D) tax treaties
E) All of these are characteristics to be considered.

Question

Quizplus · Accepted Answer

All of the options listed are characteristics of a tax system that an MNC would consider when conducting a tax assessment of a country. MNCs consider the various tax regimes in different countries to determine the most tax-efficient way of conducting business. Corporate income taxes, withholding taxes, provisions for carrybacks and carryforwards, and tax treaties all impact an MNC's tax liability, and therefore all need to be considered.

Which of the Following Is Not a Characteristic of a Tax