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Which of the following statements is true of tax havens? Firms that export to tax havens get special tax concessions from home governments. Firms would
Which of the following statements is true of tax havens?
Firms that export to tax havens get special tax concessions from home governments.
Firms would require huge capital investments to start business in tax havens.
Nations such as the United States are widely regarded as tax havens.
Firms can save taxes by establishing a nonoperating subsidiary in the tax haven.
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