Source rules for income, including but not limited to:

  • Interest;
  • Dividends;
  • Rentals and royalties;
  • Compensation for personal services and royalties not to compete;
  • Sale of real property;
  • Sale of personal property (inventory and non-inventory);
  • Depreciation or amortizable personal property;
  • Gain from the sale of intangible property;
  • Gain from sale of stock in a foreign affiliated corporation;
  • Gain from the sale of stock treated as USRPI;
  • Scholarships, prizes and awards;
  • Alimony; and
  • Banking and financial services.

Source rules for deductions, including but not limited to:

  • Allocation and apportionment;
  • Interest; and
  • Research and experimental.