Pooling of All Foreign Tax Liabilities on Earnings Allows Corporations

question 70

Multiple Choice

Pooling of all foreign tax liabilities on earnings allows corporations to ________.

• A) reduce income
• B) repatriate income
• C) reduce their overall taxes
• D) none of the above

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Definitions:

Personality Change

Alterations in an individual's patterns of thought, behavior, or emotion that are typically significant and impactful over time.

Social Categorization

The assignment of a person one has just met to a category based on characteristics the new person has in common with other people with whom one has had experience in the past.

Cognitive Dissonance

A psychological conflict resulting from incongruous beliefs and attitudes held simultaneously.

Operant Conditioning

A learning process in which the frequency of an organism's behavior is modified by reinforcement or punishment.