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11 April, 07:15

The U. S. blended tax model encourages U. S. domestic corporations to retain earnings in foreign countries and postpone repatriation as long as possible.

True or False?

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Answers (1)
  1. 11 April, 07:31
    0
    True

    Explanation:

    US corporate tax rate is high enough to encourage US companies abroad to retain earnings instead of repatriation. This encourages such companies to grow as funds is ploughed back into operations.
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