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:

21 7 Capture 4

If the company invests in £,what is the gain for the company?

Solution

21 7 image 15

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  5. An MNC company in USA has surplus funds to the tune of $ 10 million for six months.
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