Trident Solar Technologies (TST) is the wholly-owned Taiwanese subsidiary of United Renewable Energy (URE) Inc., a U.S. firm. Last year, TST had $2,000,000 of taxable income and remitted 80% of the after-tax income to URE as dividends. The corporate tax rate in Taiwan was 25%, and the foreign withholding tax rate on dividends was 10%. The corporate tax rate for the parent company in the U.S. was 30%. What were the total taxes paid by TST, the Taiwanese subsidiary? $605,000 $620,000 $590,000 $120,000 $605,000 Trident Solar Technologies (TST) is the wholly-owned Taiwanese subsidiary of United Renewable Energy (URE) Inc, a U.S.firm. Last year, TST had $2,000,000 of taxable income and remitted 80% of the after tax income to URE as dividends. The corporate tax rate in Taiwan was 25%, and the foreign withholding tax rate on dividends was 10%. The corporate tax rate for the parent company in the U.S. was 30%. What were the total taxes paid by TST, the Taiwanese subsidiary? $605,000 $620,000 $590,000 $120,000 $605,000