Which of the Following Statements Best Describes the Primary Purpose

Multiple Choice

Which of the following statements best describes the primary purpose of the Subpart F income provisions?

A) The Subpart F income provisions provide certainty as to the U.S.income tax treatment of cross-border transactions.
B) The Subpart F income provisions allow deferral of foreign-source income from U.S.taxation.
C) The Subpart F income provisions prevent shifting of income from the United States to low-tax foreign jurisdictions.
D) The Subpart F income provisions prevent shifting of income from the United States to high-tax foreign jurisdictions.