When a multinational engages in a process where it intentionally minimizes the firm's taxes when it repatriates funds,it is known as ________.

Question

Quizplus · Accepted Answer

The process described in the question is known as tax planning, where a multinational intentionally minimizes the firm's taxes when it repatriates funds. Bilateral netting is a process of offsetting payables and receivables between two parties to minimize foreign exchange exposure, while lagging accounts payable and leading accounts receivable refer to tactics used to manage cash flow by delaying or accelerating payments or receipts.

When a Multinational Engages in a Process Where It Intentionally