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Suppose an affiliate remits after-tax earnings of $150,000 to its U.S. parent in the form of divided. Foreign tax rate is 25% and withholding tax

Suppose an affiliate remits after-tax earnings of $150,000 to its U.S. parent in the form of divided. Foreign tax rate is 25% and withholding tax is 4%. What is the marginal tax rate? If excess foreign credits are unavailable If excess foreign credits are available.

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