PFIC definition

PFIC means a passive foreign investment company as defined in the Code.

PFIC means a passive foreign investment company.

PFIC means a “passive foreign investment company” within the meaning of Section 1297(a) of the Code.

Examples of PFIC in a sentence

• For the Taxable Year, the Company: ___ was a passive foreign investment company ("PFIC").

• The covenants contained in this Section 9.2(d), notwithstanding any provision elsewhere in this Agreement, shall survive in full force and effect until the later of (x) two (2) years after the end of Purchaser’s current taxable year or (y) such time as Purchaser has reasonably determined that it is not a PFIC for three (3) consecutive taxable years.

More Definitions of PFIC

PFIC means a passive foreign investment company for U.S. federal income tax purposes;

PFIC shall have the meaning ascribed to such term in Section 4.18.

PFIC has the meaning set forth in ‎Section 5.7;

PFIC shall have the meaning assigned to such term in Section 3.1(kk).

PFIC means the passive foreign investment company within the meaning of Section 1297 of the Code.

PFIC has the meaning set forth in Section 8.01(j).

PFIC means a Passive Foreign Investment Company within the meaning of Section 1297(a) of the United States Internal Revenue Code of 1986, as amended.