Many Multinationals Respond to Complexity of Tax Issues Across Countries

question 30

Multiple Choice

Many multinationals respond to complexity of tax issues across countries by:

• A) Ignoring all tax issues except for the Parent company
• B) Retaining the services of international accounting firms
• C) Having an in-house tax division to prepare all tax related forms and addresses all country tax issues
• D) Leaving all tax issues up to the employee

---

Definitions:

Ethanol

A volatile, flammable, colorless liquid alcohol, commonly used as a solvent and intoxicant.

Synthesis

The process of producing a compound through the chemical combination of simpler compounds or elements.

Phenyl Alanine

An aromatic amino acid known as phenylalanine, important in the biosynthesis of proteins.

Strecker Synthesis

A method for synthesizing amino acids by the reaction of aldehydes with ammonia and hydrogen cyanide.