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castillo66 castillo66
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7 years ago
Tax-haven subsidiaries categorically referred to as International Offshore Financial Centers, have the following characteristics EXCEPT ________.
A) A low tax on foreign investment or sales income earned by resident corporations and a low dividend withholding tax on dividends paid to the parent firm.
B) A stable currency to permit easy conversion of funds into and out of the local currency. This requirement can be met by permitting and facilitating the use of Eurocurrencies.
C) A stable government that encourages the establishment of foreign-owned financial and service facilities within its borders.
D) All of the above are tax-haven subsidiary characteristics.
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International Business

International Business


Edition: 15th
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WindozWindoz
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castillo66 Author
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7 years ago
Thanks for helping me with my business hw
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