Answer:
Statement 1 is the correct answer.
Explanation:
A corporate entity that is registered and conducts business in a different province or country than the residency of the controlling owners is known as a controlled foreign corporation (CFC).
In the U.S., the control of a foreign company is defined according to the percentage of shares owned by U.S. citizens.
Since the U.S. shareholders (the U.S. corporation and U.S. individual in this scenario) own more than 50 percent of the corporation's stock, then Boomerang is a CFC. The U.S. corporation and U.S. individual will have a deemed dividend equal to their pro-rata share of the corporation's subpart F income.
Therefore, statement 1 is the correct answer.
Answer:
The correct answer is option A (government debt owed to individuals in foreign countries).
Explanation:
- This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in.
- External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.
Some other alternatives given don't apply to the cases in question. So answer A is a good one.
Answer: Sinto will likely need an environmental impact statement.
Explanation: An environmental impact statement is a statement that is required when an activity that will affect the human environment is about to be carried out. This statement highlights the pros and cons of the activity that is to be carried out in the environment. Like in the question, a 300-mile toll road that will run through federal land will definitely have an impact on the environment, hence the requirement for an environmental impact statement.
Answer:
efficiently.
Explanation:
A trade agreement can be defined as a pact or treaty signed between two or more countries to encourage the free flow (import and export) of goods and services among its members, as well as eliminating or reducing trade barriers such as quotas, tariffs on goods traded.
Trade agreements can cause jobs to go to countries that provide those jobs efficiently because all business entities or firms want to have competitive advantage over its rivals. Thus, business owners who have signed a treaty with other countries would tend to outsource or recruit workers from countries that provide their services efficiently.
