Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) One tax avoidance practice which Sec. 482 attempts to prevent is the transfer of tangible property to a foreign subsidiary at a price which is below the arm's- length price that would be used by unrelated parties.
B) Section 482 permits the IRS to restructure transactions between related parties as if the transactions were conducted at arm's length.
C) Foreign- based company sales income is earned when personal property is purchased by a Country X controlled foreign corporation (CFC) from its U.S. parent corporation and is sold to unrelated persons in Country Z.
D) All of the above are true.