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U.S.-source income and gains that are not effectively connected to a U.S. trade or business...

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Accounting

U.S.-source income and gains that are not effectively connected to a U.S. trade or business are subject to taxation at which rate? A. At the rate of 30%, unless the rate is reduced by a treaty. B. At graduated personal income tax rates. C. At the rate of 35%, unless the rate is reduced by a treaty. D. At the same rate as effectively connected income if the taxpayer makes a timely election for this treatment.

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