If the parent's government imposes a ____ tax rate on funds remitted from a foreign subsidiary, a project is less likely to be feasible from the ____ point of view.

Question

Quizplus · Accepted Answer

A high tax rate on funds remitted from a foreign subsidiary would make it less profitable for the parent company to invest in the subsidiary. Therefore, the project would be less likely to be feasible from the parent's point of view, which is the perspective being considered in this question.

If the Parent's Government Imposes a ____ Tax Rate on Funds