USCo, a US corporation, owns 100% of the stock of FSub1, a foreign corporation. In 20X1, FSub1

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USCo, a US corporation, owns 100% of the stock of FSub1, a foreign corporation. In 20X1, FSub1 earns $500 of interest income (which is FPHCI) and $100 of active business income. None of its income was subject to foreign income tax.

How much Subpart F income does it have?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Posted Date: Mar 19, 2024 10:07 PM

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USCo, a US corporation, owns 100% of the stock of FSub1, a foreign corporation. In 20X1, FSub1

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Federal Taxation 2016 Comprehensive

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