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Business, 04.03.2020 19:39 twistedhyperboles

Which of the following income items, when received by a corporation, are included in personal holding company income (PHCI)? Indicate whether any special circumstances would exclude an income item that is generally includibe in PHCI. Dividends Interest on a corporate bond Interest on a general revenue bond issued by a state government Rental income from a warehouse leased to a third party Rental income from a warehouse leased to the corporation's sole shareholder Royalty income on a book whose copyright is owned by the corporation Royalty income on a computer software copyright developed by the corporation and leased to a software marketing firm Accounting fees earned by a professional corporation owned by three equal shareholders, which offers public accounting services to various clients Long-term capital gain on the sale of a stock

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Which of the following income items, when received by a corporation, are included in personal holdin...
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