A foreign branch is
A) an extension of the parent and is not an independently incorporated firm separate from the parent.
B) an affiliate organization of the MNC that is independently incorporated in the foreign country,and one in which the U.S.MNC owns at least 10 percent of the voting equity stock.
C) either a minority foreign subsidiary (an uncontrolled foreign corporation) or a controlled foreign corporation.
D) an affiliate organization of the MNC that is independently incorporated in the foreign country,and one in which the U.S.MNC owns at least 10 percent of the voting equity stock.In addition,a foreign branch is either a minority foreign subsidiary (an uncontrolled foreign corporation) or a controlled foreign corporation.
Correct Answer:
Verified
Q67: A "tax haven" country is one that
Q68: As a rule,payments to and from foreign
Q69: As a general rule,
A)excess tax credits can
Q70: There are three production stages required
Q71: An overseas affiliate of a U.S.MNC can
Q73: A transfer price
A)is the price that one
Q74: When excess tax credits go unused,the
Q75: These days the benefits of "tax haven"
Q76: Countries differ in how they tax foreign-source
Q77: A foreign subsidiary is
A)an extension of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents