A U.S.formed multinational corporation
I.Can avoid the payment of tax on appreciated property by transferring the appreciated property to a controlled foreign corporation and then selling the property.
II.Is not subject to the transfer pricing rules that a foreign multinational must observe.

A)Only statement I is correct.
B)Only statement II is correct.
C)Both statements are correct.
D)Neither statement is correct.

Question

A U.S.formed multinational corporation
I.Can avoid the payment of tax on appreciated property by transferring the appreciated property to a controlled foreign corporation and then selling the property.
II.Is not subject to the transfer pricing rules that a foreign multinational must observe.
​
A)Only statement I is correct.
B)Only statement II is correct.
C)Both statements are correct.
D)Neither statement is correct.

Quizplus · Accepted Answer

The Answer of A U.S.formed multinational corporation
I.Can avoid the payment of tax on appreciated property by transferring the appreciated property to a controlled foreign corporation and then selling the property.
II.Is not subject to the transfer pricing rules that a foreign multinational must observe.
​
A)Only statement I is correct.
B)Only statement II is correct.
C)Both statements are correct.
D)Neither statement is correct.

A U.S.formed Multinational Corporation