Are iTunes rentals IP restricted like NetFlix?

in iPod + iTunes + AppleTV edited January 2014
Even if you have a NetFlix account, watching netflix requires that the IP you're connecting from is in the US, which means if you want to watch outside of the US (e.g. when you're on holiday) you need to connect through a proxy.

Does iTunes have any similar restriction? If I have a US iTunes account can I rent media on my Apple TV, regardless of where I am physically located? Or do I have to use a proxy?
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