A(n) _____ Allows an Entity to Reduce the Taxes Paid

question 81

Multiple Choice

A(n) _____ allows an entity to reduce the taxes paid to the home government by the amount of taxes paid to the foreign government.

• A) indirect tax
• B) tax haven
• C) tax credit
• D) internal tax

---

Definitions:

Legal Tender

Currency that must be accepted if offered in payment of a debt by law.

Mechanic

A skilled worker responsible for repairing and maintaining machinery, vehicles, and other equipment.

Exemption Clause

A provision in a contract that limits or eliminates one party's liability for certain acts or omissions.

Illegal Restraint

Actions or practices that unlawfully restrict an individual's freedom of movement or personal liberty.