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Question 1 O out of 3 points Camille, a citizen and resident of Country A, received a $1,000 dividend from a corporation organized in Country

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Question 1 O out of 3 points Camille, a citizen and resident of Country A, received a $1,000 dividend from a corporation organized in Country B. Which statement best describes the taxation of this income under the two different approaches to taxing foreign income? (Enter the number representing the correct answer) 1. Country B will not tax this income under a residence-based jurisdiction approach but will tax this income under a source-based jurisdiction approach. 2. Country B will tax this income under a residence-based jurisdiction approach but will not tax this income under a source-based jurisdiction approach 3 Country B will tax this income under both a residence-based jurisdiction approach and a source-based jurisdiction approach 4. Country B will not tax this income under either a residence-based jurisdiction approach or a source-based jurisdiction approach Selected Answer: 0

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