Question 8 1 pts 8.When excess tax credits go unused, the foreign tax liability for a branch is greater than the corresponding U.S. tax liability when the foreign income tax rate is greater than the U.S. rate. Calculate the total tax liability for a wholly-owned subsidiary when excess tax credits cannot be used in a country given: 35% U.S. tax rate 41% Foreign tax rate 4% Withholding tax rate 43.36 percent 42.05 percent 37.00 percent 35.00 percent