Use the Information to Answer the Following Question(s)

question 11

Multiple Choice

Use the information to answer the following question(s) .
Rogue River Exporters USA has $100,000 of before tax foreign income. The host country has a corporate income tax rate of 25% and the U.S. has a corporate income tax rate of 35%.
-Refer to Instruction 20.1. If the U.S. has no bilateral trade agreement with the host country, what is the total amount of income taxes Rogue River Exporters will pay?

• A)$25,000
• B)$35,000
• C)$51,250
• D)$60,000

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Constitution

The core rules or long-standing guidelines that dictate how a state or any other entity is managed.

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U.S. Code

The codification by subject matter of the general and permanent laws of the United States, organized into titles based on varying subjects.