| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,899,693,512 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Personal Holding Company |
0.01 sec. |
|
|
Personal Holding Company A corporation in which five or fewer persons control at least half of the company's stock and in which at least 60% of the company's income is passive income from companies it owns. Because personal holding companies may be used by the persons who control them to avoid personal taxes, the U.S. tax system imposes a 15% tax on personal holding company profits in addition to corporate taxes. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|