Which of the Following Is Not a Characteristic of a Tax

question 14

Multiple Choice

Which of the following is not a characteristic of a tax system that an MNC would consider when conducting a tax assessment of a country?

• A) corporate income taxes
• B) withholding taxes
• C) provisions for carrybacks and carryforwards
• D) tax treaties
• E) All of these are characteristics to be considered.

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Definitions:

Level

A particular height or distance upward or position in a scale or sequence.

Effectiveness

The degree to which objectives are achieved and targeted problems are solved.

Assess

To evaluate or estimate the nature, ability, or quality of something.

Criteria

Standards or principles by which something is judged or decided, serving as a basis for making evaluations or decisions.