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The tax laws associated with foreign transactions are found in the 900s section of the...

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Accounting

The tax laws associated with foreign transactions are found in the 900s section of the Internal Revenue Code (IRC). Use your own words to summarize the information from the tax code. Provide proper citations for sources used, including the tax code. Refer to the IRC, Subchapter N and summarize one of the code sections in Subpart F. Provide an example as to how the tax code would apply to a taxpayer.

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