One of the tax advantages to using a corporation through which to earn income in Germany is deferral of U.S.taxation on active business income earned by the corporation until such income is remitted back to the United States.

Question

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This statement is true. The deferral of U.S. taxation on active business income earned by a corporation in Germany until such income is remitted back to the United States is a benefit of the U.S. tax system known as deferral of foreign income.

One of the Tax Advantages to Using a Corporation Through