Which of the following statements is false?

A.	The tax code requires the buyer or his agent to withhold Federal income taxes from the saleproceeds belongingtoa foreign (non-resident alien) seller of US real estate unless the foreign person meets at least one of several possible narrow exemptions.
B.	Failure by a purchaserto withhold taxes from a foreign person who sells US real estate may result in the purchaser being liable for any federal income tax owed by the foreign person.
C.	Because interest paid on a loanto financethe constructionof real property during the construction period (other than real estate that constitutesinventory)is for the forbearance of money and not a direct cost of constructing the building, it may be deducted currently in the year it is incurred if you are an accrual basis taxpayer.
D.	While real estate is under construction, a taxpayer need not capitalize, and may deduct as an expensecurrently in the year incurred, research and development costs, as well as advertising and marketing expenses for the property.