Has anyone given any thought as to the Holding Com
Post# of 17653
Has anyone given any thought as to the Holding Company?
DUTV INVESTOR ALERT: Next PR will announce details of joint press conference: New products and holding co to be unveiled.
........ the following definition was intriguing
Personal holding company[edit]
In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code. A corporation is a personal holding company if both of the following requirements are met:[2]
Gross income test: At least 60% of the corporation's adjusted ordinary gross income is from dividends, interest, rent, and royalties.
Stock ownership test: More than 50% in value of the corporation's outstanding stock is owned by five or fewer individuals.
http://en.wikipedia.org/wiki/Holding_company
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