In: Economics
Tax efficiency
A. measures the effectiveness of the firm to keep its profits on an after-tax basis.
B. measures the ability of the firm to reduce taxes by internationalizing their operations.
C. is higher for firms with a strong research and development team.
D. measures the amount of revenue that is taxable for every dollar of invested capital.
E. is higher for firms with a high tax rate.
A. is correct
Tax efficiency measures the effectiveness of the firm to keep its profits on an