The foreign subsidiaries of a U.S. corporation cannot be included in a U.S. consolidated tax return.
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Q27: A U.S. taxpayer can make an annual
Q28: A bilateral agreement between the governments of
Q29: Excess foreign tax credits can only be
Q30: Under most tax treaties, income attributable to
Q31: Cross-crediting allows multinational corporations to use excess
Q33: The United States has jurisdiction to tax
Q34: For dividends received prior to 2018, the
Q35: Sales to foreign customers through a branch
Q36: Foreign value-added taxes and excise taxes are
Q37: The foreign tax credit is available only
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