Which of the Following Entities Is Not Subject to U

question 97

Multiple Choice

Which of the following entities is not subject to U.S. federal income tax?

• A) U.S. corporation conducting 100 percent of its business outside the United States
• B) Branch of U.S. corporation operating entirely in Germany
• C) French subsidiary of U.S. parent operating entirely in France
• D) Dutch corporation operating entirely within the United States