a. What is meant by the term tax haven? b. What are the desired characteristics for a

Question:

a. What is meant by the term “tax haven”?

b. What are the desired characteristics for a country if it expects to be used as a tax haven?

c. What are the advantages leading an MNE to use a tax haven subsidiary?

d. What are the potential distortions of an MNE’s taxable income that are opposed by tax authorities in non-tax haven countries?

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Multinational Business Finance

ISBN: 978-0132743464

13th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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Question Posted: Oct 13, 2015 06:28 AM

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a. What is meant by the term tax haven? b. What are the desired characteristics for a

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a Many MNEs have foreign subsidiaries that act as tax havens for corporate funds awaiting reinvestment or repatriation Taxhaven subsidiaries categoric...View the full answer

Multinational Business Finance

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