As a Further Incentive to Encourage Domestic Firms to Undertake

Multiple Choice

As a further incentive to encourage domestic firms to undertake FDI,many countries have eliminated double taxation of foreign income.Double taxation of foreign income refers to:

A) taxation of income in both the host country and the home country
B) double taxation of income in the host country
C) double taxation of income in the home country
D) taxation that must be paid to both the host country and the IMF
E) double sales taxes payable on exporting and importing