1. Taxes are a significant part of doing business.
a. List and describe 2 tax factors that must be considered when establishing a foreign company.
b. Describe the ways that the U.S. tax foreign earned income of
i. an individual (expatriate) and
ii. a corporation or subsidiary.
c. What is a tax haven? List and describe 2 advantages of operating in a tax haven country?
2. Analyzing foreign financial statements is an important process.
a. List and describe 4 reasons to analyze financial statements of foreign companies.
b. List and describe 4 ratios that can be used to analyze an MNC.
c. List and describe 4 problems or challenges associated with the analysis of foreign financial statements.