Global Corporation,a U.S.multinational,began operations this year.Global had pretax U.S.source income and foreign source income as follows: Global paid $15,000 income tax to Country X.What is Global's U.S.tax liability if it takes the foreign tax credit?

Question

Global Corporation,a U.S.multinational,began operations this year.Global had pretax U.S.source income and foreign source income as follows:  Global paid $15,000 income tax to Country X.What is Global's U.S.tax liability if it takes the foreign tax credit?

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The Answer of Global Corporation,a U.S.multinational,began operations this year.Global had pretax U.S.source income and foreign source income as follows:  Global paid $15,000 income tax to Country X.What is Global's U.S.tax liability if it takes the foreign tax credit?