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Assume your US client received a $10,000,000 interest payment from their French Subsidiary that was subject to a 20% withholding tax rate under the US-France

Assume your US client received a $10,000,000 interest payment from their French Subsidiary that was subject to a 20% withholding tax rate under the US-France income tax treaty. What journal entry would you recommend for the GAAP books of your US client to account for this transaction?

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