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Corporation F reported the following items in 2018: US Taxable Income $900,000 Foreign...

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Accounting

Corporation F reported the following items in 2018:

US Taxable Income $900,000

Foreign Pre Tax Income 300,000

Foreign Tax 30,000

Qualified Business Asset Investment 400,000

Based on the above, compute Corporation Fs 2018 GILTI (Global Intangible Low Tax Income).

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