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Benefits for the U.S economy

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What benefits do you see for the U.S. economy in tax-1. Sparing credits? Should it be expanded or reduced? Why or why not? 2. A U.S. manufacturer wants to conduct business through a foreign subsidiary organized in a low tax jurisdiction. How might it do so without being currently taxed on the subsidiary¬ís foreign earnings? What benefits do you see for the U.S. economy in tax-1. Sparing credits? Should it be expanded orreduced? Why or why not?SolutionThe tax 1 sparing credits are beneficial for the U.S. Economy as…

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