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Taco Bell belongs to Yum! Brands, Inc. through Taco Bell Corp.. Taco Bell is owned by Yum! Brands, Inc., headquartered in the United States. Yes. The ultimate owner of Taco Bell, Yum! Brands, Inc., is headquartered in the United States.
Yum! Brands, Inc. is a global company that owns several popular fast-food brands including Taco Bell, KFC, and Pizza Hut.
Sources: yum.com, en.wikipedia.org
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