Which of the following persons typically is not concerned with the U.S.-sourcing rules for gross income?

Question

Quizplus · Accepted Answer

Foreign persons with only foreign activities are typically not concerned with U.S.-sourcing rules for gross income. The rules apply only to income that has a U.S. source, so if all of their activities are foreign, they won't be subject to U.S. taxation on that income. The other options involve some level of U.S. activity or ownership, which would bring the U.S.-sourcing rules into play.

Which of the Following Persons Typically Is Not Concerned with the U.S.-Sourcing