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 of the Code;

Examples of PFIC in a sentence

• The Company has no plan or intention to operate in such a manner that would reasonably be expected to result in the Company becoming a PFIC in future taxable years.

More Definitions of PFIC

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

PFIC has the meaning set forth in ‎Section 5.7;

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 means a passive foreign investment company within the meaning of Section 1297 of the Code;

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

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