Which of the following income of a foreign corporation is not subject to the regular U.S. corporate income tax rates?   A. Net long-term capital gains for which no U.S. trade or business exists.   B. Capital gains effectively connected with a U.S. trade or business.   C. Interest income effectively connected with a U.S. trade or business.   D. FIRPTA gains.

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Which of the following income of a foreign corporation is not subject to the regular U.S. corporate income tax rates?

 

A. Net long-term capital gains for which no U.S. trade or business exists.

 

B. Capital gains effectively connected with a U.S. trade or business.

 

C. Interest income effectively connected with a U.S. trade or business.

 

D. FIRPTA gains.

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