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A PFIC Is a U

question 108

True/False

A PFIC is a U.S.-based mutual fund owned more than 50% by U.S.owners.


Definitions:

Harassment

Unwanted behavior or actions that cause distress, intimidation, or offense to another person, often in a workplace or social setting.

Verbal Contact

Interaction between individuals using spoken words to communicate.

Physical Contact

The act of touching or being in close proximity to another person or entity.

Ethical Misconduct

Actions or behavior by an individual or within an organization that violates moral or professional principles.

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