Which of the Following Statements Is False in Regard to the U.S

question 80

Multiple Choice

Which of the following statements is false in regard to the U.S. income tax treaty program?

• A) There are about 70 bilateral income tax treaties between the U.S. and other countries.
• B) Tax treaties generally provide for primary taxing rights that require the other treaty partner to allow a credit for the taxes paid on the twice-taxed income.
• C) U.S. income tax treaties are written to set up a "network" of up to five foreign countries that are covered by
• The treaty language.
• D) None of the above statements is false.

---

Definitions:

Nuisance Claim

A legal complaint filed by a property owner against another for interference with the use and enjoyment of their property through ongoing, bothersome activities.

Marketable Discharge Permits

Tradable permits issued by a regulatory body that allow the holder to discharge a certain amount of pollutants over a specific time frame.

Emissions

The release of substances, especially gases or particulates, into the atmosphere, often associated with pollution from vehicles or industrial processes.

Environmental Regulations

Laws and rules enforced by governments to manage and reduce pollution and to protect natural resources.