Carol receives $500 of dividend income from Microsoft, Inc., a U.S. company. True or False. Absent any

Question:

Carol receives $500 of income from Microsoft, Inc., a U.S. company. True or False. Absent any treaty provisions, Carol will be subject to U.S. tax on the regardless of whether she is a resident or nonresident. Explain.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...