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Global Taxation Strategies Did you know that CEOs and CFOs are scored on how well they manage tax strategies for their multinationals? Have you heard about something called a tax haven? Have you ever...

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Global Taxation Strategies

Did you know that CEOs and CFOs are scored on how well they manage tax strategies for their multinationals?

Have you heard about something called a tax haven?

Have you ever visited a town where there are more businesses incorporated than the actual size of the population?

Welcome to Global Taxation Strategies in International Business!

Read Chapter 11 Case studyTax Warsand Watch this video, be sure to take notes. The video provides insights as to how multinationals implement tax strategies and accounting methods to operate globally; however, such strategies may conflicting interests.

Assignment Instructions and Requirements

After reading the case study and you watching the video,I'd like to hear your perspective and insights regarding these questions:

1- Currently, do we have the appropriate corporate tax rate for American companies? Explain Why or why not

(Note, if you don't know it, I recommend you research and learn what the U.S. Corporate Tax Rate for this year is)

2- Thinking Globally and Acting Locally; what would be the implications for U.S. economy, multinationals, consumers, and the average American family if:

A- we lower the current corporate tax rate and make it closer to Ireland's

B - We increase the current corporate tax rate

Be sure to address each question and provide a well-thought-out response

Answered 2 days After Sep 24, 2022

Solution

Sanjukta answered on Sep 26 2022
66 Votes
Global taxation strategies
In the recent times it is observed that among all other things, the P.L. 115-97 was reduced permanently at 35% CIT rate on the resident firm’s top 21% flat rate for tax years. At present the corporate tax for the American firms is not at all appropriate as it is allowing 50 biggest MNCs for reducing their effective tax rate to 24% when contrasted to 35% in European countries. It is suggested that only comprehensive tax reform can
ing changes in the corporate tax rate.
A- The corporate tax in Ireland as...
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