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Which of the following forms of international business transactions represent investments in a local operation that is completely owned and controlled by a foreign firm?
Taxable Interest
Interest income that is subject to income tax, including interest from savings accounts, bonds, loans, and certificates of deposit.
Series EE Bonds
A type of U.S. savings bond that earns interest for up to 30 years, designed for long-term savings.
Interest Income
Income earned from various types of investments like savings accounts, bonds, and loans.
Provisional Income
Income calculation used to determine if a taxpayer's Social Security benefits are taxable.
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