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CTP · Question #794

(Topic 8) What type of tax does a multinational auto manufacturer commonly pay in foreign countries at each stage of a vehicle's production?

The correct answer is C. Value added tax. See the full explanation below for the reasoning.

Question

  • (Topic 8)

What type of tax does a multinational auto manufacturer commonly pay in foreign countries at each stage of a vehicle’s production?

Options

  • AWithholding tax
  • BCapital tax
  • CValue added tax
  • DAsset tax

How the community answered

(26 responses)
  • A
    8% (2)
  • B
    4% (1)
  • C
    73% (19)
  • D
    15% (4)

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