Eagle Corporation, a personal holding company, has the following results:
Taxable income $200,000
Dividends-received deduction 30,000
Excess charitable contributions 10,000
Long-term capital gains 10,000
Federal income taxes 61,000
Calculate the PHC tax.

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The Answer of Eagle Corporation, a personal holding company, has the following results:
Taxable income $200,000
Dividends-received deduction 30,000
Excess charitable contributions 10,000
Long-term capital gains 10,000
Federal income taxes 61,000
Calculate the PHC tax.

Eagle Corporation, a Personal Holding Company, Has the Following Results