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USCo, a C corporation, owns 1 0 0 % of FORco, a foreign corporation. FORco earns $ 1 0 million of foreign - source income,
USCo, a C corporation, owns of FORco, a foreign corporation. FORco earns $ million of foreignsource income, pays $ million of foreign income taxes, and distributes its $ million in profits to USCo as a dividend. What is the amount of income tax in the United States?
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$
$ million
$ million
$ million
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