9. Subpart F Income. The rule that US. shareholders do not pay taxes on foreign-source income until...
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9. Subpart F Income. The rule that US. shareholders do not pay taxes on foreign-source income until that income is remitted to the United States (tax defer- ral) was amended in 1962 by the creation of special Subpart F income.
a. Why was this revision adopted?
b. What is defined as being Subpart F income?
c. When is Subpart F income taxed?
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Related Book For
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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