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Which of the following statements regarding foreign persons not engaged in a U . S . trade or business is true? Question 5 3 options:
Which of the following statements regarding foreign persons not engaged in a US trade or business is true?
Question options:
A
They are subject to potential withholding taxes on the gross amount of USsource investment income.
B
If they have any USsource income, they are taxed on net investment income after expenses
C
They are not subject to US tax if not engaged in a US trade or business.
D
If they have only USsource investment income, they are exempt from US tax.
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