For the foreign credit limitation calculation, income derived from the sale of inventory which is produced by the seller, is considered earned
A)where production occurs.
B)where the sale occurs.
C)where the seller is a resident.
D)every country of manufacture on a pro-rata allocation basis.

Question

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The Answer of For the foreign credit limitation calculation, income derived from the sale of inventory which is produced by the seller, is considered earned
A)where production occurs.
B)where the sale occurs.
C)where the seller is a resident.
D)every country of manufacture on a pro-rata allocation basis.

For the Foreign Credit Limitation Calculation, Income Derived from the Sale