English to Romanian Bus/Financial Accounting

This resulted from the application by some states of the United States, especially rapidly-­growing states such as California, of their system of formula apportionment in a systematic way to the worldwide income of TNCs. Foreign-­based TNCs, which had tried to establish a foothold in important US markets frequently at the expense of substantial local losses, complained that the levying of state income taxes on a proportion of their worldwide income was discriminatory