Crane,Inc.is a domestic corporation with several foreign subsidiaries.This year,Crane has $2.3 million domestic gross receipts and $900,000 allowable deductions.It made deductible related party payments to its foreign affiliates of $650,000.Compute Crane's base erosion and anti-abuse tax liability.

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The Answer of Crane,Inc.is a domestic corporation with several foreign subsidiaries.This year,Crane has $2.3 million domestic gross receipts and $900,000 allowable deductions.It made deductible related party payments to its foreign affiliates of $650,000.Compute Crane's base erosion and anti-abuse tax liability.

Crane,IncIs a Domestic Corporation with Several Foreign Subsidiaries