Which of the following is NOT considered a U.S. person?

The option indicating that a corporation directed and controlled by a foreign government is not considered a U.S. person is accurate because U.S. person status typically applies to individuals and entities that are substantially connected to the United States.

U.S. persons generally include U.S. citizens, permanent residents (often referred to as green card holders), and entities that are incorporated or organized under U.S. law. A corporation that is directed and controlled by a foreign government does not fit this criterion because its primary allegiance and governance are tied to another nation, which means it lacks the necessary connection or representation of U.S interests.

In contrast, U.S. citizens, permanent residents, and U.S. residents are all individuals or entities that have a defined legal relationship with the United States, often with rights and responsibilities that stem from their citizenship or residency status. This qualifies them as U.S. persons under various regulatory and legal definitions.