Why is it advantageous for firms to organize

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Reference no: EM13877127

1 Why is it advantageous for firms to organize themselves as a set of separate legal entities? How do consolidated financial statements benefit these firms?

2 Differentiate between a tax credit, a tax treaty, and a deferral principle. What is their importance in international business?

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two paragraphs each in length

Reference no: EM13877127

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