Which of the Following Statements Is True of Tax Havens

question 46

Multiple Choice

Which of the following statements is true of tax havens?

• A) Firms that export to tax havens get special tax concessions from home governments.
• B) Firms would require huge capital investments to start business in tax havens.
• C) Nations such as United States are widely regarded as tax havens.
• D) Firms can save tax by establishing a non-operating subsidiary in the tax haven.

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Definitions:

Table Datasheet View

A layout in database applications that displays data in rows and columns, similar to a spreadsheet.

Database Documenter

A tool or feature that generates documentation of a database schema and its elements, detailing tables, fields, relationships, and other components.

Table Relationships

The associations between tables in a database, defined by foreign keys, that dictate how data is linked and can be queried across tables.

State Field

A field in a database or form designed to store a specific piece of information about the condition or status of an item.