Question: Currently, U . S . tax laws are: a . Moving toward eliminating the foreign tax credit. b . Moving toward a worldwide system of
Currently, US tax laws are:
a Moving toward eliminating the foreign tax credit.
b Moving toward a worldwide system of taxation for US businesses.
c Encouraging the repatriation of foreign profits to countries with no income taxes.
d Encouraging US entities from shifting taxable income outside the United States into lowtaxrate countries.
e Providing incentives for US businesses to locate jobs in the United States.
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