World Sales, Inc., a U.S. multinational, had pretax U.S. source income and foreign source income as follows. World Sales paid $50,000 income taxes to Country O. What is World Sale's U.S. tax liability if it deducts the foreign taxes paid?

Question

World Sales, Inc., a U.S. multinational, had pretax U.S. source income and foreign source income as follows.  World Sales paid $50,000 income taxes to Country O. What is World Sale's U.S. tax liability if it deducts the foreign taxes paid?

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The Answer of World Sales, Inc., a U.S. multinational, had pretax U.S. source income and foreign source income as follows.  World Sales paid $50,000 income taxes to Country O. What is World Sale's U.S. tax liability if it deducts the foreign taxes paid?