Under the U.S. tax system, a domestic corporation pays U.S. tax only on the portion of its business income earned in the United States.

Name: Under the U.S. tax system, a domestic corporation pays U.S. tax only on the portion of its business income earned in the United States.
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Quizplus · Accepted Answer

Under the U.S. tax system, a domestic corporation is subject to U.S. federal income tax on its worldwide income, not just the income earned within the United States.