[单选题] 提问人:匿名网友 提问时间:2021-08-24

Which of the following is not true with regard to personal holding companies (PHCs)?


A .Personal holding companies are not subject to the accumulated earnings tax.
B .Personal holding companies, as specifically defined by the Code, are corporations that meet certain "closely-held" ownership criteria and have over 50% of their adjusted gross income consisting of net rent (less than 50% of ordinary gross income), ta
C .The additional tax (penalty) is self-assessed by the PHC.
D .There is no penalty if net earnings are distributed, as the penalty only applies to income that has not been distributed.

提问人:匿名网友 提问时间:2021-08-24

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