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
-Income that tends to lack any true economic connection to the country of a CFC's organization.

Question

Quizplus · Accepted Answer

The Answer of 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
-Income that tends to lack any true economic connection to the country of a CFC's organization.

Match the Definition with the Correct Term