Consider a U. S. corporation with a single foreign branch in Greece. Suppose the firms foreign taxes

Question:

Consider a U. S. with a single foreign branch in Greece. Suppose the firm’s foreign taxes paid are less than the foreign tax credit limitation and the firm expects to remain in this position indefinitely. Would the firm be for or against a Greek tax increase that would go to fund special employee training programs from which it would benefit?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...