If a U.S. firm creates a foreign subsidiary corporation, it: A. Fully subjects it to income taxation
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Question:
If a U.S. firm creates a foreign subsidiary corporation, it:
A.
Fully subjects it to income taxation in the foreign country.
B.
Fully avoids taxation in the United States on income repatriated from the
foreign subsidiary.
C.
Will significantly reduce its taxable income.
D.
None of the above
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