24 The 38 corporations that filed United States income tax returns
showing a net income of more than $100 million accounted for
53 percent of the total taxable income from foreign sources
reported on all tax returns. Sixty percent of the total taxable
income from foreign sources came from the 200 returns
reporting income from 10 or more countries.
If the statements above are true, which of the following must
also be true?
A Most of the total taxable income earned by corporations with
net income above $100 million was earned from foreign
sources.
B Wealthy individuals with large personal incomes reported
47 percent of the total taxable income from foreign sources.
C Income from foreign sources amounted to between 53 and
60 percent of all reported taxable income.
D Some of the corporations with net income above $100 million
reported income from 10 or more countries.
E Most of the tax returns showing income from 10 or more
countries reported net income of more than $100 million.
