If a USmultinational Corporation Incurs Start-Up Losses from Foreign Operations,which of the of the Following

question 78

Multiple Choice

If a U.S.multinational corporation incurs start-up losses from foreign operations,which of the following organizational forms provide immediate U.S.tax savings from the deduction of the losses?

• A)Operation through a foreign subsidiary
• B)Operation through a foreign branch
• C)Operation through a domestic subsidiary
• D)Both b.and c.

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Definitions:

Reactive Power

The portion of electricity that establishes and sustains the electric and magnetic fields in AC operations, measured in volt-amperes reactive (VAR).

RLC Series Circuit

A circuit configuration comprising a resistor (R), inductor (L), and capacitor (C) connected in series.

Applied Voltage

The voltage that is externally applied to an electrical circuit or device, which drives the current through it.

Current Flow

The movement of electric charge carriers, like electrons or ions, through a conductor or space.