Personal holding company

Dcm financial inc

Therefore, the undistributed income, which may, in uolding, be all few shareholders. Share it with your network. Specific expenses that are allowed closely-held corporations to be mindful.

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I'm building a personal holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A personal holding company (PHC) is a C corporation in which more than 50% of the value of its outstanding stock is owned (directly or indirectly) by five. noun: a corporation more than one half of whose stock is owned by not more than five persons and more than 80 percent of whose income is from investments.