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Dear Sir,
With a bilateral tax treaty exists between 2 countries in international investment, I think the effective tax rate that a company must finally bear is the higher tax rate between 2 countries each year.
So in the case of Imoni Co, the final tax rate in year 1 and year 2 is 20% and but examiners did not calculate taxation on positive income of Imoni Co in year 2 (after deducting loss carried fw of year 1)
Please help to show me where is my problem.
Thank you very much.
Nho.You must ask in the Ask the Tutor Forum is you wish for me to answer – this forum is for students to help each other 🙂
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