Which of the following statements regarding the U.S.taxation of foreign persons is true?

Question

Quizplus · Accepted Answer

Under the U.S. taxation system, a foreign person's effectively connected income is subject to U.S. income taxation. Effectively connected income refers to income from a trade or business within the U.S. or from personal services performed within the U.S. Nonresident aliens are typically subject to tax only on their U.S. source income, including effectively connected income, and not on their foreign source income.

Which of the Following Statements Regarding the U