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What does FPHCI stand for?

FPHCI stands for Foreign Personal Holding Company Income

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

Samples in periodicals archive:

172, where the IRS ruled that income earned by shareholder-employees of foreign corporations under personal services contracts was not foreign personal holding company income (under the former foreign personal holding company provisions) where the clients of the corporations did not have a contractual right to receive the specific personal services of the shareholder employees and where the services involved were not so unique as to preclude substitution.
This rule is designed to end the deferral of subpart F and undistributed foreign personal holding company income that currently arises when the taxable years of a U.