[Solved] ABC Company has income from the following

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ABC Company has income from the following countries: ABC's subsidiary in Z declares a 4 0 % dividend; Z ' s withholding tax on dividends

ABC Company has income from the following countries: ABC's subsidiary in Z declares a $40 %$ dividend; Z $'$ s withholding tax on dividends is $5 % .$ Both the branch and the distribution facility, which is wholly owned, retain all earnings. The distribution earnings are considered to be foreign $-$ based company sales income. What is ABC's final U $.$ S $.$ tax liability?

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