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T/F Outbound taxation deals with the a.) U.S. tax rules that apply to U.S. persons doing business outside the United States. b.) A U.S. citizen
T/F "Outbound taxation" deals with the a.) U.S. tax rules that apply to U.S. persons doing business outside the United States. b.) A U.S. citizen earns $10,000 of interest income from her bank account in Switzerland. The interest income will not be subject to U.S. income taxation because it is considered foreign source income. c.) A citizen of Mexico will only be subject to U.S. taxation if she spends 183 days or more in the United States during the current year. d.) A U.S. corporation can claim a foreign tax credit on its U.S. tax return for all foreign taxes paid or accrued during the year
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