What Is a Major Limitation to the Apparent Incentive of Tax

question 16

Multiple Choice

What is a major limitation to the apparent incentive of tax holidays?

• A)If a MNC is taxed on worldwide income,it will eventually pay tax on the foreign income when it is repatriated.
• B)Income earned by multinational corporations must remain in the foreign country offering the tax holiday.
• C)The tax holidays are only available to large multinational corporations.
• D)Tax holidays are offered only by governments with the ten weakest economies.

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Definitions:

Carrier

A component in differential systems designed to hold the gears in place and distribute torque to the wheels.

Control Module Interconnectivity

The integrated communication framework between various electronic control units (ECUs) in a vehicle.

Universal Standards

Guidelines or criteria widely accepted and used across different countries, industries, or disciplines to ensure compatibility and quality.

J1939

Hardware and software multiplexing data bus protocols required for medium- and heavy-duty truck, and most off-road equipment; built on CAN 2.0 architecture using a serial, twisted wire pair.