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A company earns income of $95,000 in its country of residence (Country A) and income of $35,000 in a foreign country (Country G). Country A
A company earns income of $95,000 in its country of residence (Country A) and income of $35,000 in a foreign country (Country G). Country A subjects resident companies to tax on their worldwide income at the rate of 30%. Country G subjects foreign resident companies to tax on income earned in Country G at the rate 20%. Requirement: Outline the way in which the different methods would work to limit double taxation
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