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Describe in general the United States' approach to taxation of foreign income of a US company. Give an example of a type of foreign income that...

a. Describe in general the United States' approach to taxation of foreign income of a US company.



b. Give an example of a type of foreign income that would be subject to or qualify for:

i. a foreign country's withholding tax



ii. a US direct foreign tax credit



iii. a US indirect foreign tax credit

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