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Some countries require that earnings generated by the subsidiary be reinvested locally for at least several years before they can be remitted. This fund is
Some countries require that earnings generated by the subsidiary be reinvested locally for at least several years before they can be remitted. This fund is known as: O Blocked fund O Salvage value O Remitted fund O Withholding tax
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
