Match the definition with the correct term.
-Activity that creates the potential for effectively connected income.

Name: Match the definition with the correct term. -Activity that creates the potential for effectively connected income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

U.S. trade or business activity creates the potential for income to be considered effectively connected income, which is significant for tax purposes for nonresident aliens and foreign corporations engaged in trade or business within the U.S.

Match the Definition with the Correct Term