Microsofts effective tax rate on foreign earnings retained overseas appears to be only 4 percent. How is
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Microsoft’s effective tax rate on foreign earnings retained overseas appears to be only 4 percent. How is this possible given that the corporate tax rate in most developed nations where Microsoft earns profits from foreign sales are considerably higher?
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International Business: Competing In The Global Marketplace
ISBN: 398884
10th Edition
Authors: Charles W.L. Hill
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