When a Subsidiary of an MNC in a Foreign Country

question 24

Multiple Choice

When a subsidiary of an MNC in a foreign country makes capital-related payments to the MNC,the country where that subsidiary is located may require that the:

• A)subsidiary withhold taxes from the capital-related payment.
• B)subsidiary obtain permission from the country where it is located before it makes the payment.
• C)MNC guarantee the payment of any taxes due on the capital-related payment.
• D)government of the country where the MNC is located collect taxes on the capital-related payment.

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Definitions:

Sacred Plays

Religious or spiritual dramas, often performed in historical or contemporary settings, that convey moral narratives or theological themes through theatrical expression.

Rib Vaulting

Rib Vaulting is an architectural feature used in Gothic cathedrals, characterized by intersecting arched ribs that support a vaulted ceiling, enabling the construction of higher and more complex structures.

Saint-Étienne

Referring typically to the Cathedral of Saint-Étienne, which can relate to various churches named after Saint Stephen, known for their historical and architectural value.

Romanesque Churches

Churches built in a style prevalent in Europe during the 11th and 12th centuries, characterized by semi-circular arches, thick walls, and decorative carvings.