Which of the Following Exceptions Could Cause Subpart F Income

question 1

Multiple Choice

Which of the following exceptions could cause subpart F income to be excluded from the deemed dividend regime?

• A) The de minimis rule and the high tax rule could cause subpart F income to be excluded from the deemed dividend regime.
• B) The high tax rule only.
• C) The full inclusion rule only.
• D) The de minimis rule only.

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Definitions:

Negative Affect

A psychological state involving feelings of distress, discomfort, and unhappiness.

Positive Affect

A psychological state that involves feelings of enthusiasm, pleasure, and happiness.

Hedonic Treadmill

The observed tendency of humans to quickly return to a relatively stable level of happiness despite major positive or negative events or life changes.

Facial Feedback

The hypothesis that facial expressions can influence emotional experiences, suggesting that mimicking an emotional expression can produce the corresponding emotional state.