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chosen country is canada 1. Intemational Business Practice: For this part of the project, you will explain the implications of variances in international tax laws

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1. Intemational Business Practice: For this part of the project, you will explain the implications of variances in international tax laws on organizational stratesy. You will also explain how forcign currency transactions impact financial statement creation in accordance with GAAP A. Explain how foreign currency exchange rates will impact the income potential or financial risk of the company Eiven their expansion into the global market 1. What will this mean for the income and risk of the company? 2. How will foreign currency exchange rates impact financial statements? B. Make recommendations for tools or strategies the company could use to help mitigate these risks. C. Explain the benefits of international tax laws or treaties if your company expanded to your chosen country. D. Provide examples of possible taxincentives offered by countries to attract investments or promote exports. E. Explain the tax disadvantages that should be considered by your company and your itvestors when expanding globally

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