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What recent change was made to the tax treatment of dividends received by U. S. corporations...

What recent change was made to the tax treatment of dividends received by U. S. corporations from foreign subsidiaries?

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Changes made in recent times related to tax treatment of dividends received by US Corporation from foreign subsidiary are -

1) Now 100% deduction is made available for the coporation to the amount of dividend received.

2) All the outstanding stock is owned by the domestic coporation.

3) All its gross income from all of its source is effectively connected with the conduct of trade or business within United States.

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