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International Business Basics by Scott L. Girard

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Taxes and Regulations at Home and Away

It’s exciting to take your business global, butyou face complex obligations when you startdoing business across borders. Play it safe:Know what you don’t know.

YOU PROBABLY SAW the title of this section and said to yourself, “I’m going to skip this one for now and come back to it later, when I’m having trouble falling asleep.” You probably thought it would be a whole lot of this:

The organization or reorganization of portions of a multinational enterprise often gives rise to events that, absent rules to the contrary, may be taxable in a particular system. Most systems contain rules preventing recognition of income or loss from certain types of such events. In the simplest form, contribution of business assets ...

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