Multinational Corporations Frequently Offer as Incentive a Guaranteed Promotion to the Expatriate

question 13

True/False

Multinational corporations frequently offer as incentive a guaranteed promotion to the expatriate in the company ranks upon his or her successful return from the country of assignment.

---

Definitions:

Tax Liability

The total amount of tax that an individual or entity is legally obligated to pay to a taxing authority.

Tax Incidence

The manner in which the burden of a tax is shared among participants in a market.

Tax Burden

The measure of the total amount of taxes that individuals, businesses, or other entities must pay, relative to their income or profits.

Tax Revenues

The income that is gained by governments through taxation, which is used to fund public services, government obligations, and goods.