### Question
Can you define what foreign personal holding company income means?


### Answer
**Foreign personal holding company income** is defined as the following in *26 U.S.C. § 553*:

> that portion of the gross income, determined for purposes of section 552, which consists of:


#### (1) Dividends, etc

#### Citation:
  - *26 U.S.C. § 553*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter G-Corporations Used to Avoid Income Tax on Shareholders > PART III-FOREIGN PERSONAL HOLDING COMPANIES**

