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Which of the following is true regarding a foreign person that is a partner is a US partnership? a. The foreign person will be treated
Which of the following is true regarding a foreign person that is a partner is a US partnership?
a. | The foreign person will be treated as engaged in a US trade or business if the US partnership is engaged in a US trade or business.
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b. | A foreign person who disposes of an interest in a US partnership that generates ECI will be subject to US tax on the sale.
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c. | The foreign person will need to pay tax on his proportionate share of ECI generated by the partnership
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d. | All of the above
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e. | B and C
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