Solved

Match the Definition with the Correct Term

Question 92

Short Answer

Match the definition with the correct term.
a.Foreign base company income
b.Foreign personal holding company income
c.U.S. shareholder
d.Previously taxed income
e.De minimis rule
f.Passive foreign investment company
-Passive type income treated as Subpart F income.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: Gain or loss on the exchange of

Q62: U.S.individuals that receive dividends from foreign corporations

Q68: Describe the policy reasons behind treating foreign

Q87: BendCo,Inc.,a U.S.corporation,has foreign-source income and pays foreign

Q89: Match the definition with the correct term.<br>a.Foreign

Q90: Match the definition with the correct term.<br>a.Indirect

Q94: Liang,an NRA,is sent to the United States

Q95: Miles,Ltd.,a foreign corporation,has a U.S.branch that earns

Q134: A Qualified Business Unit of a U.S.corporation

Q137: A "U.S. shareholder" for purposes of CFC