The following income of a foreign corporation is not subject to the regular U.S.corporate income tax rates.
A) FIRPTA gains.
B) Capital gains effectively connected with a U.S.trade or business.
C) Net long-term capital gains, where no U.S.trade or business exists.
D) Fixed, determinable, annual or periodic (FDAP) income effectively connected with a U.S.trade or business.
Correct Answer:
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