Imagine you are the Chief Financial Officer CFO of a US mult

Imagine you are the Chief Financial Officer (CFO) of a U.S. multinational corporation. Create a plan to reduce the tax impact on foreign sourced income. Provide at least one (1) example to support your plan.

Solution

We shall first analyze and understand all the various foreign sourced incomes and the tax slabs, shelters, and advantage of the domestic and international taxation of all the products and services in various countries.