Olaf, a citizen of Norway with no trade or business activities in the United States, sells at
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Olaf, a citizen of Norway with no trade or business activities in the United States, sells at a gain 200 shares of MicroShift, Inc., a U.S. company. The sale takes place through Olaf’s broker in Oslo. How is this gain treated for U.S. tax purposes?
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ISBN: 978-0073530468
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Authors: Raymond A. Noe, John R. Hollenbeck, Barry Gerhart, Patrick M
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