跨国公司的财务管理 人大第八版 课件讲义教材.pptVIP

MANAGING THE MULTINATIONALFINANAL SYSTEM 14 An injudicious tax offers a great temp- tation to smuggling. But the penalties of smuggling must rise In proportion to the temptation. The law, contrary to all the ordinary princples of justice, first creates the temptation. And then punishes those who yield to it. Adam Smith 高昂的税收使得走私具有强大的诱惑力。 但前提是，因走私而担负的罚金必须和走私 产生的诱惑保持一定的比例。而法律，则违背了 关于正义的一般原则，它往往先创造出诱惑，而 后再去惩罚那些屈服于诱惑的人。 亚当·斯密 14.1 The Value of the Multinational Finanal System 14.2 Intercompany Fund-Flow Mechanisms: Cost and Vene