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_____ for Financial Reporting Purposes, Parent Companies Must Provide Income

Question 167

Multiple Choice

_____ For financial reporting purposes, parent companies must provide income taxes on their share of their foreign subsidiaries' earnings


A) If a consolidated income tax return cannot be filed.
B) If earnings have been or will be invested indefinitely.
C) If a tax-free liquidation is planned.
D) Unless realization is expected through dividends.
E) None of the above.

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