Dividends Received from a Domestic Corporation Are Totally Sourced to the U.S

question 132

Multiple Choice

Dividends received from a domestic corporation are totally sourced to the U.S.:

• A) If the corporation earns at least 80% of its gross income over the immediately preceding three tax years from the active conduct of a U.S. trade or business.
• B) If the corporation earns at least 25% of its gross income over the immediately preceding three tax years from the active conduct of a U.S. trade or business.
• C) Unless the corporation earns at least 80% of its gross income over the immediately preceding three tax years from the active conduct of a foreign trade or business.
• D) Unless the corporation earns at least 25% of its gross income over the immediately preceding three tax years from the active conduct of a foreign trade or business.
• E) In all of the above cases.