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Which of the following income earned by a controlled foreign corporation incorporated in Spain is not foreign personal holding company income? Gross profit from the

Which of the following income earned by a controlled foreign corporation incorporated in Spain is not foreign personal holding company income?

Gross profit from the manufacture and sale of inventory to an unrelated party

Rent received from a passive investment in an apartment complex

Dividend income from a five percent investment in an unrelated corporation

Interest income received from a loan to an unrelated party

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