Answer: False
Explanation:
In both the first and second years, firms in country A undertook FDI projects of $20 billion in country B. This means that Country A had FDI outflows of $20 billion in those two years not inflows. Inflows are what happens when the FDI is coming into the country.
Country B on the other hand, was receiving money from country A. Country B therefore had FDI inflows of $20 billion in each of the two years and not outflows like Country A had.
Answer:
The correct answer to the following question is true .
Explanation:
Double taxation refers to a tax principle , according to which income taxes are paid twice from the same source of income. This taxation occurs at both the personal and corporate level and also in the situations when international trade takes place , where income would be taxed twice in two different countries . The reason why double taxation occurs is because a corporation is considered as a separate legal entity from its shareholders.
Answer:
The bottom-up budgeting is a budgeting method where individual departments or business units prepare their own budgets and them send it upwards (to upper management) for approval or modifications.
The main advantage of this budgeting method is that the focus is set on each department's objectives instead of a predetermined amount set by upper management.
Answer:
The Internal Revenue Code is federal statutory law while treasury regulations can not stand as laws on their own.
Explanation:
The Internal Revenue Code is federal statutory law passed into law by Congress and automatically becomes a law after the President has assented to it. This implies that the two arms of the government must be involved in it before before it becomes a law, otherwise it is null and void.
Treasury regulation is only meant to give interpretations and explanations to the Internal Revenue Code, law or statue, and it is not really a law by itself. The Treasury usually receives authority from the Congress to write regulations that will serve as the official interpretation of statutory law.
However, this does not mean that the regulations does not have appreciably authoritative weight, but it is just that the weight of authority of the regulation is less than the weight of the Internal Revenue Code.
Answer: they help build equity and gain affinity with target audiences.
Explanation:
Many companies are attracted to event sponsorships because they help build equity and also gain affinity with target audiences.
An event sponsor is a firm that supports an event, by providing funds, as an exchange for something valuable. This "something valuable" can come in the form of increase in brand exposure, speaking opportunities at the event, access to attendee data,
or discounted event tickets
