One of the Tax Advantages to Using a Corporation Through

question 91

True/False

One of the tax advantages to using a corporation through which to earn income in Germany is deferral of U.S.taxation on active business income earned by the corporation until such income is remitted back to the United States.

---

Definitions:

Circadian Rhythm

An internal biological clock that regulates the sleep-wake cycle over a roughly 24-hour period.

Dissociation

describes a psychological state in which a person disconnects from their thoughts, feelings, memories, or sense of identity, often as a response to traumatic events.

Restorative Theory

A theory suggesting that sleep is necessary for the body and mind to repair and rejuvenate from the day's activities and stresses.

Consolidation

A process where immediate memories become lasting memories when new neural connections are created and prior neural connections get stronger.