MNCS MAY BE SUBJECT TO AS MANY AS THREE TAXES ON THE INCOME OF THE...

54. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
54. MNCs may be subject to as many as three taxes on the income of their subsidiaries, including: a. Host-country income taxes on the subsidiary's income, host-country withholding taxes on dividends paid to the MNC, and home-country taxes on the dividends received by the MNC. b. Host-country income sales taxes on the subsidiary's sales, host-country income taxes on the subsidiary's income, and home-country income taxes on the MNC's income. c. Host-country income taxes on the subsidiary's income, host-country withholding taxes on dividends paid to the MNC, and home-country income taxes on the subsidiary's income. d. Host-country sales taxes on the subsidiary's sales, host-country withholding taxes on dividends paid to the MNC, and home-country taxes on the dividends received by the MNC.