According to a recent survey by Ernst and Young, the most important tax issue that multinational enterprises now face is
A) transfer pricing.
B) choice of accounting method to use in preparing consolidated income statements when firms have subsidiaries in countries with different tax treatments of expense items.
C) choice of accounting method to use in preparing consolidated income statements when firms have subsidiaries in countries with different tax treatments of income recognition.
D) none of the above
Correct Answer:
Verified
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