What Has Spawned a Major Political Issue Concerning the Estimated

question 23

Multiple Choice

What has spawned a major political issue concerning the estimated cost to the United States Treasury of as much as $9 billion to $13 billion per year in lost taxes that could presumably be collected if transfer prices were calculated according to U.S.tax laws?

• A)Tax avoidance by foreign companies using inflated transfer prices to reduce the profit of U.S.subsidiaries.
• B)Tax avoidance by domestic,United States,companies using inflated transfer prices to reduce the foreign profit of U.S.subsidiaries.
• C)Tax avoidance by foreign companies using deflated transfer prices to reduce the profit of U.S.subsidiaries.
• D)Tax avoidance by domestic,United States,companies using deflated transfer prices to reduce the profit of foreign subsidiaries.

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