_____ 16.Under the source principle of international taxation,income will be taxed in a particular jurisdiction if the source of that income is a business operating in that jurisdiction.

Question

Quizplus · Accepted Answer

This is a correct statement. The source principle of international taxation reflects the idea that income should be taxed by the jurisdiction in which it originates or is generated, which is usually based on the location of the business operations that generate the income. This principle is used as a basis for allocating taxing rights among different countries or jurisdictions.

_____ 16Under the Source Principle of International Taxation,income Will Be Taxed