A Geographical Location in Which Taxation Is Substantially Lower Than

question 40

Multiple Choice

A geographical location in which taxation is substantially lower than that in a home country is known as a

• A) tax haven.
• B) tax shelter.
• C) tax reservation.
• D) corporate shelter.

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Definitions:

New Markets

These refer to unexplored or less saturated areas or sectors where businesses can expand their presence to increase sales, reach new customers, or introduce innovations.

Same Market

Refers to a situation where companies or products target the same customer segment or geographic area.

BCG Business Portfolio Analysis

A strategic planning tool used by companies to categorize their business units or products based on market growth rate and market share relative to the largest competitor.

Market Growth Rate

The increase in the size of a specific market over a set period, usually expressed as a percentage.