Q50009 An MNC company in USA has surplus funds to the tune of $ 10 million for six months.
An MNC company in USA has surplus funds to the tune of $ 10 million for six months. The Finance Director of the company is interested in investing in DM for higher returns. There is a Double Tax Avoidance Agreement (DTAA) in force between USA and Germany. The company received the following information from London:
If the company invests in £,what is the gain for the company?