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As a general rule, a non-resident alien of a foreign corporation that conducts a U.S. trade or business will be subject in Internal Revenue Code

As a general rule, a non-resident alien of a foreign corporation that conducts a U.S. trade or business will be subject in Internal Revenue Code Section 871(b)(1) and 882(a)(1) to the usual U.S. tax rates on net (i.e. taxable) income. The term trade or business within the United States is not defined in the Code. Do the regulations under Section 864 provide additional guidance?

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