23 Nov tax impact
tax impact You are the Chief Financial Officer (CFO) of a multinational corporation. Suggest a strategy to minimize the tax impact on foreign sourced income. Support your strategy with examples.? You are a CPA working as a tax professional who was bribed by a U.S.-based multi-national company to help that company avoid paying income on U.S.-sourced income. Develop a scheme for the company to avoid tax on U.S.-based income so that it would likely not be discovered by the IRS. Each bullet point have to be at least a paragraph or two long. ? ? .Answer preview.. The management can declare profits in low tax jurisdictions. A good example is the Apple Company that has foreign subsidiaries in the Ireland where the profits are not taxed. The holding company of Apple pays no taxes to any government ? ? APA 416 Words
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