Income is income. That includes corporate taxes and the share of net income based on share of sales for foreign companies doing business in the U.S. Tax it all at the same flat rate.

The reason I don't recommend doing it based on profits in the U.S. market is because a multinational could easily shift expenses so the U.S. unit never turns a profit.


Brad "Diva": 2004 Mazda 6s 5-door, Volcanic Red Rex: 1988 Mazda RX-7 Vert, Harbor Blue.