Partial exemption from U.S.tax laws on income earned from exports is provided for by:

Question

Quizplus · Accepted Answer

The U.S. Foreign Sales Corporations provisions of the U.S. tax code provide partial exemption from U.S. tax laws on income earned from exports. The Export Tax Relief Act of 1971 and the General Sales Tax Act of 1973 are not relevant to this context, and the Sarbanes-Oxley Act is mainly concerned with corporate governance and financial reporting.

Partial Exemption from U