Most benefits that are tax deductible for the firm in the home country are deductible out of the country.

Question

Quizplus · Accepted Answer

Tax laws and regulations vary by country, and what may be considered tax deductible expenses in one country may not necessarily be deductible in another. Therefore, benefits that are tax deductible for a firm in the home country may not necessarily be deductible when operating out of the country.

Most Benefits That Are Tax Deductible for the Firm in the Home