sORRY i AM NOT ABLE TO EXPLAIN BETTER THAN ABOVE THIS QUESTION

Basically it is an overlapping set in words

One hell of a question. Got me a headache

I will try to explain. This is an inference question which means the answer choice must be 100% true. No room for partial scope. We need to use POE in this case.

(A) Most of the total taxable income earned by corporations with net income above $100million was earned from foreign sources. - May be. It was shown as a net income but we do not what is the actual income from foreign sources.
(B) Wealthy individuals with large personal incomes reported 47 percent of the total taxable income from foreign sources. - May be. But why wealthy? Other class people could also contribute.
(C) Income from foreign sources amounted to between 53 and 60 percent of all reported taxable income. - We know min but not maximum.
(D) Some of the corporations with net income above $100 million reported income from 10 or more countries. Since, 53% accounts for total tax and 60% accounts for 10 or more countries, then some of the corporations above $100 million income would report 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. Distorted answer choice.

For Example, If there are 10 people showing their income as Rs 1 or more, then total income would be Rs 10 or more. Out of which 53% (or 5.3 people) accounts for Rs 1 or more.
Now, 60% (6 people) accounts for that income from 10 or more countries. Then, Definitely, Some people would show their income as Rs 1 or more.

Hope this Helps.

Hello from the GRE Prep Club VerbalBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.