The United States has a tax treaty with the United Kingdom that provides certain tax benefits to

Question:

The United States has a tax treaty with the United Kingdom that provides certain tax benefits to UK corporations conducting business in the United States. The United States does not have an income tax treaty with Chile. Silas Company, a Chilean firm that exports goods to the United States, decides to operate its export business through a shell formed under UK law.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...