Under the Territorial Method of Declaring a National Tax Jurisdiction

question 1

Multiple Choice

Under the territorial method of declaring a national tax jurisdiction

• A)the possibility of double taxation exists if the parent county of a foreign affiliate also levies a tax on worldwide income.
• B)tax is levied on all income earned within the country by any taxpayer, domestic or foreign.
• C)tax is levied on foreign residents of the country on their home-country income but not foreign-earned income.
• D)none of the above

---

Definitions:

Cognitive Perspective

A psychological approach that focuses on how people perceive, think about, and understand their world and the mental processes that underlie behavior.

Mental Processes

Internal cognitive operations that include thinking, perceiving, and decision-making.

Problem Solving

The process of finding solutions to difficult or complex issues.

Sigmund Freud

An Austrian neurologist known as the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.