=+E191 Raiffeisen Bank International AG is an Austrian banking group whose Albanian subsidiary has a pretax income

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=+E19–1 Raiffeisen Bank International AG is an Austrian banking group whose Albanian subsidiary has a pretax income of €4,000,000; all after-tax income is available in the form of dividends to the parent company. The local tax rate is 15% and the Austrian tax rate is 25%. Compare the net funds available to the parent company

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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