PFIC definition

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

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

PFIC means a passive foreign investment company.

Examples of PFIC in a sentence

• The Company shall use commercially reasonable efforts to avoid being a PFIC or a CFC.

More Definitions of PFIC

PFIC means passive foreign investment company.

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

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

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

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