Establish an operation in a tax


Why might a company involved in international business find it beneficial to establish an operation in a tax haven?

a. The OECD recommends the use of tax havens for corporate income tax avoidance.

b. Tax havens never tax corporate income.

c. Tax havens are jurisdictions that tend to have abnormally low corporate income tax rates.

d. Tax havens' banking systems are less secretive.

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Accounting Basics: Establish an operation in a tax
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