4 [30 MARKS] (a) Many businesses around the world operate in more than one country, making them subject to multiple tax jurisdictions. To prevent businesses from minimizing their tax liability by taking advantage of cross-country differences in taxation, countries have implemented various anti-tax avoidance measures, one known as Controlled Foreign Corporation (CFC) rules. What do you understand by the term Controlled Foreign Corporation (CFC) and explain the main methods used by countries to determine attributable income under CFC rules. [15 Marks] (b) The term thin capitalization is commonly used to describe, Hidden equity capitalization through excessive loans. (i) List the tax and non-tax advantages of using debt over equity. [5 Marks] (ii