Assignment:
Many emerging economies have restrictions on capital outflows to protect their growth and stability; for example, they may impose high taxes on repatriated profits by foreign companies. Where and how would you include such taxes in the DCF valuation of your company’s subsidiary in a high-growth emerging economy, if the taxes are (a) levied in perpetuity or (b) gradually decreased to zero over the next 10 years as the economy starts to mature?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.