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Imagine you are a CPA working as a tax professional. A foreign client engages you to determine how best for them to invest in a U.S. startup company that plans to sell automobile parts. The client's objective is to avoid or minimize any U.S. taxes that the foreign investor may incur. Assume that the client is forming this corporation with several other U.S. citizens.
Using the Internet research the rules related to foreign persons investing in U.S. companies and any tax implications for the foreign investor.
Write a three to four (3-4) page paper in which you:
Auditors must be concerned with both generally accepted auditing standards and generally accepted accounting principles in performing an audit.
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