The ability to arbitrage the differences between international tax systems is a very important aspect...
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Accounting
The ability to arbitrage the differences between international tax systems is a very important aspect of international tax planning. Imagine you are an international tax advisor providing tax-planning advice to a client with operations in different international tax jurisdictions. Propose one (1) arbitrage transaction to the client using hybrid entities and one (1) using a source of income that will reduce the tax liability of the client.
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