Which of the following statements regarding the U.S.taxation of foreign persons is true?
A) A foreign person's effectively connected income is subject to U.S.income taxation.
B) A foreign person's effectively connected income is tax free unless it is portfolio income.
C) A foreign person may earn income from U.S.real property without incurring any U.S.income tax.
D) A foreign person must spend at least 183 days in the United States before any effectively connected income is subject to U.S.taxation.
Correct Answer:
Verified
Q44: Which of the following statements regarding the
Q81: Which of the following transactions, if entered
Q83: Which of the following is not a
Q83: Krebs,Inc.,a U.S.corporation,operates an unincorporated branch manufacturing operation
Q84: Which of the following would not prevent
Q86: A non-U.S.individual's "green card" remains in effect
Q88: Which of the following statements regarding the
Q89: Kunst, a domestic corporation, generates $100,000 of
Q90: Dark,Inc.,a U.S.corporation,operates Dunkel,an unincorporated branch manufacturing operation
Q90: Which of the following statements regarding the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents