Should Foreign Holdco instead be organized as a US corporation? What tax factors are relevant to this decision? Explain your answer.
Introduction to Questions 1 and 2 The cosmetics and fragrance industry is global and includes long-established as well as emerging brands. For instance, the US market contributes about 14% of the sales of L’Oréal SA, a French company. Estée Lauder, a Delaware corporation, sells into 150 countries globally. The business model of the cosmetics and […]