Determine OK Subpart F income

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Question - Hart Enterprises, a U.S. corporation, owns 100% of OK, Ltd., an Irish corporation. OK's gross income for the year is $10,000,000. Determine OK's Subpart F income (before any expenses) from the transactions that it reported this year. OK received $400,000 from sales of products purchased from unrelated suppliers and sold to customers in Germany.

Reference no: EM133037458

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