Author Question: If a U.S. firm creates a foreign subsidiary corporation, it: A) fully subjects it to income taxation ... (Read 89 times)

swpotter12 · **on:** Jun 24, 2018

If a U.S. firm creates a foreign subsidiary corporation, it:
A) fully subjects it to income taxation in the foreign country.
B) fully avoids taxation in the United States on income repatriated from the foreign subsidiary.
C) will significantly reduce its taxable income.
D) none of the above.

Question 2

A good example of a uniform state law would be:
A) statutory law.
B) case law.
C) constitutional law.
D) the Uniform Commercial Code.