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U.S. company Bronze Inc. is subject to an income tax rate of ( 21 % ) and has a branch in Bulgaria, which paid the
U.S. company Bronze Inc. is subject to an income tax rate of \\( 21 \\% \\) and has a branch in Bulgaria, which paid the national corporate tax rate of \\( 20 \\% \\) on its earnings there. The branch generated taxable income from operations in Bulgaria equivalent to \\( \\$ 2,000,000 \\). What is the amount of the taxes owed to the U.S. government on the income generated in the Bulgaria? \\[ \\begin{array}{l} \\$ 20,000 \\\\ \\$ 420,000 \\\\ \\$ 400,000 \\end{array} \\] \\( \\$ 0 \\)
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