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Dividends Received from Shamrock,Ltd

question 85

True/False

Dividends received from Shamrock,Ltd. ,an Irish corporation that earns 40% of its income from U.S.business activities,are foreign-source income.


Definitions:

African American

A term commonly used to refer to American citizens or residents of Black African descent.

Women

Adult human females, distinguished biologically by reproductive and secondary sexual characteristics.

Percentage

A portion of 100 or a fraction expressed as a number out of 100, used to describe proportions quantitatively.

African American Women

Women identified with or belonging to the African American ethnic group in the United States.

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