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Exact(39)
I also discuss multinational management issues at the corporation level that likely affect liabilities of foreignness experienced at the foreign subsidiary level.
The price of rescue may be that it sheds a troubled foreign subsidiary.
In theory, they could be jailed because a staff member at a foreign subsidiary bribed an official without their knowledge.
"When a foreign subsidiary pays a low price for this property, and collects royalties, it will have big profits".
Income accrued at a foreign subsidiary of a UK firm is subject to tax under the Controlled Foreign Company rules.
But you also have to assume that the problem is not caused by a foreign subsidiary that itself has become insolvent.
Similar(19)
Also, there is a negative foreignness effect in that domestic-owned multinationals outperform foreign subsidiaries.
Much of the cash is held abroad in foreign subsidiaries.
Firms artificially set up foreign subsidiaries to launder profits.
(At the time, sales by foreign subsidiaries were permitted).
And this excludes cash held abroad by their foreign subsidiaries to avoid taxes.
Related(20)
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