IV . International Business Practice : For this part of the project , you will explain the implications of variances in international tax laws on organizational
strategy . You will also explain how foreign currency transactions impact financial statement creation in accordance with GAAP .
A . Explain how foreign currency exchange rates will impact the income potential or financial risk of the company given their expansion into the global market .
1 . What will this mean for the income and risk of the company ?
2 . How will foreign currency exchange rates impact financial statements ?
B . Make recommendations for tools or strategies the company could use to help mitigate these risks
C . Explain the benefits of international tax laws or treaties if your company expanded to your chosen country .
D . Provide examples of possible tax incentives offered by countries to attract investments or promote exports .
E . Explain the tax disadvantages that should be considered by your company and your investors when expanding globally