Jane,a citizen of Country X,received a corporate dividend in the amount of £10,000 from a company in the U.K. Country X taxed Jane's dividend as ordinary income. Country X is using what kind of approach toward foreign source income?

Question

Quizplus · Accepted Answer

Country X is using a worldwide approach towards foreign source income, where they tax their citizens on all income regardless of the source of that income.

Jane,a Citizen of Country X,received a Corporate Dividend in the Amount