|
Title: Assume that U.S. MNE A earns $100,000 of foreign source income, that the tax rate in the foreign ... Post by: castillo66 on Mar 2, 2017 Assume that U.S. MNE A earns $100,000 of foreign source income, that the tax rate in the foreign country is 40 percent, and that the tax rate in the United States is 35 percent. How much total (both domestic and foreign) tax would the company pay on that foreign source income, assuming that the tax credit principle applies?
A) $40,000 B) $35,000 C) $75,000 D) $5,000 Title: Re: Assume that U.S. MNE A earns $100,000 of foreign source income, that the tax rate in the foreign ... Post by: vindalo on Mar 2, 2017 Content hidden
Title: Re: Assume that U.S. MNE A earns $100,000 of foreign source income, that the tax rate in the foreign ... Post by: castillo66 on Apr 19, 2017 Exactly what I needed to answer this question
Thanks! |