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62) ________ is the pricing of goods, services, and technology between related companies.63) If a foreign subsidiary is located in a low tax country, the parent company would probably use a ________.64) The OECD is concerned about transfer pricing practices because ________.65) The principle by which the tax authorities allow firms to reduce their tax liability by the amount of income taxes paid to foreign governments is known as ________.66) Assume that U.S. MNE A earns $100,000 of foreign source income, that the tax rate in the foreign country is 40 percent, and that the tax rate in the United States is 35 percent. How much total (both domestic and foreign) tax would the company pay on that foreign source income, assuming that the tax credit principle applies?International Business: Environments and Operations, 15e(Daniels et al.)
Chapter 11 Globalization and Society1) According to the text, which of the following has resulted from GE's Ecomagination initiative?2) General Electric has focused on being more "green" in recent years most likely because ________.