Which of the Following Exceptions Could Cause Subpart F Income

question 35

Multiple Choice

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

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

---

Definitions:

Granitic Rocks

Igneous rocks primarily composed of quartz, feldspar, and mica, known for their coarse-grained texture.

Metamorphism

A geological process where rocks undergo physical and chemical changes due to extreme heat and pressure, forming new types of rocks.

Solidified Conduit

A hardened geological structure formed from the cooling and solidification of magma within a volcanic conduit.

Volcanic Neck

A column of solidified lava or igneous rock formed in a volcanic vent, usually exposed by erosion of the surrounding rock.