Jones Corporation, a foreign corporation from a non-treaty country, has $200,000 of interest expense allocable to effectively connected income from a United States trade or business it conducts in Ft. Lauderdale, Florida, in 2019. The branch paid interest aggregating $150,000 on a working capital loan provided by BankUnited in Miami. Jones Corporation is subject to the Branch level interest tax on $200,000. Group of answer choices True False