Multiple Choice
Which of the following statements regarding the U.S.taxation of foreign persons is true?
A) Foreign persons never are subject to U.S.income tax.
B) Foreign persons are subject to U.S.income tax only on gains from U.S.real property.
C) Foreign persons are subject to a withholding tax on foreign-source portfolio income.
D) Foreign persons are subject to a withholding tax on U.S.-source portfolio income.
Correct Answer:
Verified
Correct Answer:
Verified
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