All Passive Income Earned by a CFC Will Be Treated

question 8

True/False

All passive income earned by a CFC will be treated as foreign personal holding company income under subpart F for U.S. tax purposes.

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Definitions:

Meeting Request

A digital invitation sent through email or a calendar application to invite participants to a scheduled meeting.

Email Message Icon

A graphical representation used to signify the email function or to access an email client in a digital interface.

iCalendar

A standard file format used for storing calendar information, such as events and tasks, which can be shared across different calendar applications and platforms.

Meeting Request

A digital invitation sent through email or a calendar application, asking recipients to attend a scheduled meeting at a specified date and time.