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Commerce · Q592

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 592

Q592

In Tax credit method,

A.
income is taxed in country of source and country of residence deduction is provided in other country
Answer
B.
income is taxed in one country and exempt from tax in the other country
C.
Both A and B
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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