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Bundy's Bicycle Corporation, a U

Question 24

Multiple Choice

Bundy's Bicycle Corporation, a U.S. corporation, had a windfall year in profits and is looking for legal loopholes to avoid paying taxes on it massive profit. To avoid taxes Bundy's merges with a foreign business, simply to avoid paying for taxes in a process called


A) Corporate inversion
B) Corporate reading
C) Corporate evasion
D) Corporate taxation

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