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QUESTION 1 Camille, a citizen and resident of Country A received a $1.000 dividend from a corporation organized in Country B Which statement best describes

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QUESTION 1 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 wo 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 & 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 of a source-based jurisdiction approach

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