_____ Which of the Following Statements Is True Concerning the U.S

_____ Which of the following statements is true concerning the U.S. income tax rules?

A) Earnings of foreign subsidiaries and foreign branches/divisions are effectively taxed the same-only once in the United States (disregard timing) .
B) If a foreign subsidiary is 100% owned by a U.S. company, the subsidiary will not pay income taxes in the foreign country.
C) The intent of the U.S. Internal Revenue Code is to tax earnings of a subsidiary twice at the corporate level.
D) The double corporate taxation problem primarily exists only for domestic subsidiaries.
E) None of the above.