Tax planning Flashcards
1
Q
locate certain tax favored operation
A
Locating headquarters company in country where capital gains on sales of subsidiaries are not taxed.
2
Q
anti-avoidance
disclosure rules
critically evaluate
A
over-regulation
initial reaction reduction–creative compliance cyclical
different views on tax avoidance
3
Q
information exchange
A
automatic, on request, spontaneous
accuracy may be questionable
