Which of the Following Statements Is FALSE

question 19

Multiple Choice

Which of the following statements is FALSE?

• A)U.S.tax policy requires U.S.corporations to pay taxes on their foreign income at the same rate as profits earned in the United States.
• B)The home government gets an opportunity to tax the income from a foreign project to the domestic firm.
• C)The general international arrangement prevailing with respect to taxation of corporate profits is that the home country gets the first opportunity to tax income.
• D)The home government must establish a tax policy specifying its treatment of foreign income and foreign taxes paid on that income.

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Definitions:

Ethical Leadership Principle

The guiding values and behaviors that ensure leaders conduct themselves and their governance in an ethical manner, respecting rights and dignity.

Fairness

The quality of making judgments that are just, equitable, and impartial.

Citizenship Behaviors

Voluntary behaviors exhibited by employees that contribute to organizational goals by improving the context in which work takes place.

Ethical Leadership Principle

A set of guidelines that dictate the behavior of a leader based on accepted principles of right and wrong.