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blondinia [14]
3 years ago
5

Which of the following statements is false?

Business
2 answers:
navik [9.2K]3 years ago
5 0

Answer:

A multinational company pays taxes only in the country in which it is headquartered.

Explanation:

Taxes and Multinational Corporations. ... All countries tax income earned by multinational corporations within their borders. The United States also imposes a minimum tax on the income US-based multinationals earn in low-tax foreign countries, with a credit for 80 percent of foreign income taxes they've paid.

marusya05 [52]3 years ago
4 0
<span>Which of the following statements is false? </span>A multinational company pays taxes only in the country in which it is headquartered. A multinational company is a company that owns and operates in more than one country. Due to operating in more than one country, they are subject to the laws and monetary commitments within each country they operate. Not only do they abide by their laws but any taxes, business licenses and other documents that vary from country to country are required to be held. <span>
</span>
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