Question: Consider a U. S. corporation with a single foreign branch in Greece. Suppose the firms foreign taxes paid are less than the foreign tax credit

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?

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