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Jokerz, a CFC of a U.S.parent, generated $80,000 of Subpart F foreign base company services income in its first year of operations. The next year, Jokerz distributes $50,000 cash to the parent, from those service profits. The parent is taxed on $80,000 in the first year and $50,000 in the second year.
Collective Movement
A large and organized group effort towards achieving a specific social, political, or environmental goal.
Co-Workers
Individuals who work together in the same organization or on the same team, often contributing to shared goals and supporting each other's professional growth.
Overcome Resistance
The act of effectively dealing with opposition or reluctance, typically in the context of organizational change, personal goals, or innovative initiatives.
Genuine Democracies
Political systems in which power is derived from the consent of the governed, characterized by free and fair elections, protection of rights, and the rule of law.
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