Which of the following entities is not subject to U.S. federal income tax? Multiple Choice U.S. corporation
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Question:
Which of the following entities is not subject to U.S. federal income tax?
Multiple Choice
- U.S. corporation conducting 100 percent of its business outside the United States
- Branch of U.S. corporation operating entirely in Germany
- French subsidiary of U.S. parent operating entirely in France
- Dutch corporation operating entirely within the United States
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