If country A imposes tax on interest payment received by foreign residents,such tax is known as:

Question

Quizplus · Accepted Answer

Imposing tax on interest payments received by foreign residents is known as withholding tax, which is a type of tax deducted at the source of income. Direct tax refers to taxes that are levied directly on individuals or organizations, while foreign income tax and capital export tax are not applicable to this scenario.

If Country a Imposes Tax on Interest Payment Received by Foreign