US Shareholders Are Not Taxed on Dividends Paid by a Foreign

question 64

True/False

U.S. shareholders are not taxed on dividends paid by a foreign subsidiary as long as the earnings are not remitted to them as dividends.

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Definitions:

Bacteria

Microorganisms that are single-celled and can exist either as independent organisms or as parasites.

Epiglottis

A flap of cartilage located at the opening of the larynx, which closes during swallowing to prevent food and liquid from entering the airway.

Pharynx

A part of the throat situated behind the mouth and nasal cavity, crucial for both the respiratory and digestive systems.

Bronchus

A major air passage of the lungs that diverges from the windpipe, allowing the flow of air in and out.