Match the Definition with the Correct Term

question 115

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.
-Portfolio income treated as Subpart F income.

• 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

---

Definitions:

Express Provision

A clear, direct stipulation or requirement stated within a contract or legal document.

Antiassignment Clause

An antiassignment clause is a provision in a contract that prohibits the transfer of rights or delegation of duties to another party without the consent of the original party.

Assignment

The act of moving ownership or entitlements from one individual or entity to another.

Personal Nature

relates to characteristics or matters that are primarily concerning or affecting an individual rather than a broader group or organizational level.