Question

under the citizen approach of tax jurisdiction, if company A, incorporated in country X, was based in country Y and earned dividends in country Z, the

Answer 1

Answer: c. Country X

Step-by-step explanation:

Under the Citizenship approach to tax jurisdiction, income accrued will be taxed in the country the company is incorporated in as it is viewed as a "company citizen" of that country.

As such, the dividends in the question will be taxed in Country X which is where Company A was incorporated.