Examlex
Kipp, a U.S. shareholder under the CFC provisions, owns 40% of a CFC. If the CFC's Subpart F income for the taxable year is $200,000, Kipp is taxed on receipt of a constructive dividend of $80,000.
Conformity
The act of matching attitudes, beliefs, and behaviors to group norms or societal expectations.
Layman's Terms
An expression used to describe the simplification of complex technical or specialized language into terms understandable by the general public.
Dining in Groups
The social activity of eating meals together with a number of people, which can influence food choices and consumption behaviors.
Conformity
The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.
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