Match the Definition with the Correct Term

question 90

Multiple Choice

Match the definition with the correct term. Not all of the terms have a match. A definition can be used more than once.
-A CFC's profits from sales of goods and services.

• A)Foreign base company income
• B)Foreign personal holding company income
• C)Controlled foreign corporation
• D)U.S. shareholder
• E)Previously taxed income
• F)More than 10 percent
• G)More than 50 percent
• H)More than 80 percent

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Definitions:

Characteristics

Distinctive qualities or features that define a person, object, or phenomenon, contributing to its identity or essence.

Example

A representative case or instance used to illustrate a concept, rule, or procedure, or to act as a model for others to follow.

Reference Group

A social group that individuals use as a standard for evaluating their own behavior, values, and attitudes.

Example

A representative form or instance that is typical of a group or set and is often used for illustration or explanation.