Foreign Business and U.S. Taxes" Please respond to the following:
· Imagine you are working as a tax professional that has been hired by a foreign corporation to develop a strategy to eliminate taxes on profits generated in the U.S. Suggest a strategy for your client to minimize its tax obligations to the U.S.
· Your foreign client is also considering expanding operations in the U.S. through either a branch office or the creation of a U.S. subsidiary. Create an argument that one approach is better than the other for minimizing tax obligations.
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