International Accounting & Multinational Enterprises – Chapter 16 – Radebaugh, Gray, Black U.S. Taxation of Foreign Source Income Implications of Subp
{"Image DocumentName": "U.S. Taxation of Foreign Source Income", "Image ImageDescription": "Implications of Subpart F Income. For CFCs active income is deferred, but passive income must be recognized when earned. Exception \u2013 if foreign-based income of a CFC is less than 5% of gross income of  1 million, none of it is Subpart F income. Essentially an American phenomenon. International Accounting & Multinational Enterprises \u2013 Chapter 16 \u2013 Radebaugh, Gray, Black.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}