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Calculate the consolidated income tax expense of a multi-national taxpayer that has $5M of GAAP pre-tax income which is earned 35% in the US, 20%

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Calculate the consolidated income tax expense of a multi-national taxpayer that has $5M of GAAP pre-tax income which is earned 35% in the US, 20% in China, and 45% in Germany. Assume no eliminations and a US income tax rate of 21%, a China tax rate of 25%, and a Germany tax rate of 17%

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