a. What is meant by the term tax deferral? b. Why do countries allow tax deferral on

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a. What is meant by the term “tax deferral”?

b. Why do countries allow tax deferral on foreign-source income?

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Multinational Business Finance

ISBN: 978-0132743464

13th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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