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 suffers a $100,000 net operating loss (NOL) in France.What amount of the $100,000 NOL can U.S.Corporation use to reduce its current-year U.S.taxable income?

A) $100,000
B) $50,000
C) $0
D) none of the above