Foreign base company income(redirected from Foreign Base Company Incomes)
Foreign base company income
A category of Subpart F income that includes foreign holding company income and foreign base company sales and service income.
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Foreign Base Company Income
Sales that a company earns or passive income that a holding company receives from a foreign source. Foreign base company income must be reported to the IRS and it is taxable in the United States. It is reported on Subpart F.
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