Which of the following statements regarding the sourcing of dividend income is true?
A) Dividends are sourced based on the residence of the recipient.
B) Dividends from a U.S.corporation are U.S.source, without regard to whether the U.S.corporation is an 80-20 company.
C) Dividends from a U.S.corporation are foreign-source, if the U.S.corporation is an 80-20 company.
D) Dividends from a U.S.corporation are foreign-source based on the percentage of foreign-source income earned by the U.S.payor.
Correct Answer:
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