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Title: In order to avoid double taxation on the income of foreign subsidiary companies, U.S. tax law: Post by: Wilt66 on Jan 28, 2018 In order to avoid double taxation on the income of foreign subsidiary companies, U.S. tax law:
A) does not tax income repatriated to the U.S. parent company. B) allows the U.S. parent company to take a 100 percent tax credit for foreign income taxes paid. C) provides a deduction for foreign income taxes paid. D) none of the above. U.S. companies are usually subject to double taxation when they have foreign subsidiaries. Title: In order to avoid double taxation on the income of foreign subsidiary companies, U.S. tax law: Post by: jdbrei on Jan 28, 2018 Content hidden
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