U)SCorporation,a Domestic Corporation,owns All of Foreign Corporation's Stock

Multiple Choice

U) S.Corporation,a domestic corporation,owns all of Foreign Corporation's stock.Foreign Corporation is incorporated in France.This year,Foreign Corporation reports $100,000 in aftertax profits in France,none of which is Subpart F income.U.S.Corporation

A) must include the $100,000 profit in its current-year U.S.tax return.
B) never has to include Foreign Corporation's profits in its U.S.tax return.
C) reports Foreign Corporation's profits in its U.S.tax return in the same manner it would if Foreign Corporation were instead a foreign branch.
D) must include Foreign Corporation's profits in its U.S.tax return when they are paid to U.S.Corporation in the form of a dividend.