Question: Answer the question below based on the following scenario and table. Scenario: A US-based multinational firm invests $500 in buildings and machinery for its

Answer the question below based on the following scenario and table. Scenario:

Answer the question below based on the following scenario and table. Scenario: A US-based multinational firm invests $500 in buildings and machinery for its Mexican subsidiary and earns a profit of $100 in Mexico, which has a 10% tax rate. It also holds $1,000 in a Mexican bank, on which it earns interest of $50. In Mexico, interest is taxed at a rate of 15%. TABLE 1 Taxation of Foreign-Source Income of U.S. Multinationals Normal returns (10% of depreciable basis of tangible capital) GILTI (intangible profits, defined as profits in excess of 10% of tangible capital) Subpart-F income (passive and certain easily shift-able income) 2018-2025 No U.S. corporate income tax. 10.5% U.S. tax rate with credit for 80% of foreign income taxes paid, up to a foreign income tax rate of 13.125%. 21% U.S. tax rate with credit for 100% of foreign income taxes, up to the US tax rate. 2026 and after No U.S. corporate income tax. TPC 13.125% U.S. tax rate with credit for 80% of foreign income taxes paid, up to a foreign income tax rate of 16.406%. 21% U.S. tax rate with credit for 100% of foreign income taxes, up to the U.S. tax rate. Question: How much does the multinational company pay in withholding tax to the U.S. government before tax credits? Please type in the exact numerical value (DO NOT include any other symbols or $).

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