Without the Foreign Tax Credit, Double Taxation Would Result When

Multiple Choice

Without the foreign tax credit, double taxation would result when:

A) The United States taxes the U.S.-source income of a U.S. resident.
B) The United States and a foreign country both tax the foreign-source income of a U.S. resident.
C) A foreign country taxes the foreign-source income of a nonresident alien.
D) Only the United States taxes the foreign-source income of a U.S. resident (e.g., a treaty prevents foreign taxation) .