The US Internal Revenue Code Permits MNEs to Claim Foreign Tax

The U.S. Internal Revenue Code permits MNEs to claim foreign tax credits (FTCs) to some extent. However, there are specific limits. Which of the following statements is accurate about these limits?

A) In any tax year, the allowed FTC is restricted to the amount of U.S. tax imposed on the foreign-source income that is included on the U.S. tax return.
B) The deemed-paid credit is a direct credit for foreign taxes paid if the parent receives actual or constructive dividends from a subsidiary.
C) If the foreign operation is organized as a branch instead of as a subsidiary, then only an indirect tax credit is available to offset taxes on the branch's earnings.
D) All of the statements above are correct.
E) Only statements a and b are correct.