The typical tax-haven subsidiary owns the common stock of its related operating foreign subsidiaries.

Name: The typical tax-haven subsidiary owns the common stock of its related operating foreign subsidiaries.
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Quizplus · Accepted Answer

This is true as the tax-haven subsidiary is used to hold onto assets of the foreign subsidiary, including the common stock, which provides a way to minimize taxation on the income and gains derived from the foreign operating subsidiaries.

The Typical Tax-Haven Subsidiary Owns the Common Stock of Its