Question

Which statement best describes the u.s. framework for taxing multinational transactions? the u.s. government applies source-based taxation to income earned by u.s. and non-u.s. persons. the u.s. government applies residence-based taxation to income earned by u.s. and non-u.s. persons. the u.s. government applies residence-based taxation to income earned by u.s. persons and source-based taxation to income earned by non-u.s. persons. the u.s. government applies source-based taxation to income earned by u.s. persons and residence-based taxation to income earned by non-u.s. persons?

Answer 1

Most likely it is:the u.s. government applies source-based taxation to income earned by u.s. persons and residence-based taxation to income earned by non-u.s. person/ persons
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