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If the us has no bilateral trade agreement with the host

Miami Rivet has $100,000 of before-tax foreign income. The host country has a corporate income tax rate of 20% and the U.S. has a corporate income tax rate of 40%. If the U.S. has no bilateral trade agreement with the host country, what is the total amount of income taxes Miami Rivet will pay?

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Business Management: If the us has no bilateral trade agreement with the host

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Business Management: If the us has no bilateral trade agreement with the host

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