Generally, Australian tax liabilities are ________ until the foreign subsidiary profits are repatriated to Australia.

Question

Quizplus · Accepted Answer

Australian tax liabilities are generally not incurred until the foreign subsidiary profits are repatriated to Australia. This means that Australian tax authorities do not require taxation on foreign subsidiary profits until they are brought back to Australia. Therefore, option C is the correct answer.

Generally, Australian Tax Liabilities Are ________ Until the Foreign Subsidiary