RapidBeater8493 RapidBeater8493
  • 25-05-2023
  • Business
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FORCo, a subsidiary of a U.S. corporation, is incorporated in Brazil. FORCo manufactures widgets in Brazil and sells them to its 100% owned subsidiary in Hungary. FORCo’s income from the sale of its widgets is not Subpart F foreign base company sales income. true or false

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