× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
k
4
c
4
4
M
3
t
3
i
3
B
3
k
3
m
3
c
3
o
3
Home Q & A Board Humanities Legal Studies
New Topic  
Wilt66 Wilt66
wrote...
Go to Answer
Posts: 715
Rep: 0 0
6 years ago
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.
Read 87 times
1 Reply
Replies
Answer verified by a subject expert
jdbreijdbrei
wrote...
#1
Top Poster
Posts: 696
Rep: 3 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Wilt66 Author
wrote...

6 years ago
Thanks
carston
wrote...

Yesterday
Good timing, thanks!
shelbycox
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  949 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 254
  
 268
  
 659
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 380
Previous poll results: Should Ph.D.'s be addressed as doctors?