Parent and Minor form a non-unitary group of corporations. Parent is located in a state with an effective tax rate of 3%, while Minor's effective tax rate is 9%. Acting in concert to reduce overall tax liabilities, the group should:
a. Have Parent charge Minor an annual management fee.
b. Shift Parent's high-cost assembly and distribution operations to Minor.
c. Execute an intercompany loan, such that Minor pays deductible interest to Parent.
d. All of the above are effective income-shifting techniques for a non-unitary group.
e. None of the above is an effective income-shifting technique for a non-unitary group.
d
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When presenting about a service learning project, you should do all of the following EXCEPT
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Judicial review of a protest of entry is heard in which of the following courts?
A) Federal Trade Court B) Court of International Trade C) Circuit Court of Customs Appeals D) All of the above depending on the level of review