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A foreign corporation doing business in the U.S. receives interest income from Shruthi, a U.S. citizen and resident. Based on the information above, which of

A foreign corporation doing business in the U.S. receives interest income from Shruthi, a U.S. citizen and resident. Based on the information above, which of the following is true about the interest income? The interest income is a U.S. source of income. The interest income is a Foreign source of income. The interest income requires allocation

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