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Income Is "Effectively Connected" with the Conduct of a U

Question 34

Multiple Choice

Income is "effectively connected" with the conduct of a U.S. business only if


A) the asset-use test is met.
B) the business activities test is met.
C) activities of the U.S. business are a material factor in the realization of the income.
D) Either A, B, or C can be correct.

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