ENPI

(redirected from Excess Net Passive Income)
AcronymDefinition
ENPIEuropean Neighbourhood and Partnership Instrument
ENPIEnergy Performance Indicator
ENPIEuropean Neighbourhood Policy Instrument (EU)
ENPIExcess Net Passive Income (taxes)
ENPIEnte Nazionale Prevenzione Infortuni (Italian: National Accident Prevention Body)
ENPIEmerson Network Power India (Mumbai, India)
ENPIEuropean Neutron Polarisation Initiative
References in periodicals archive ?
10b) If amounts are subject to tax both as built-in gain and as excess net passive income, an adjustment will be made in the amount taxed as passive income.
However, they may be subject to some types of Federal income taxes, including the built-in gains tax, the excess net passive income tax, the investment credit recapture tax, and the LIFO recapture tax (included in "Adjustments to tax" in Figure H).
Making the S election and excess net passive income of an S corporation: While making the S election should not pose unusual difficulties for new entities, the tax consequences may be more complicated where a Sec.
Old Law: An S corporation was subject to corporate level tax, at the highest corporate tax rate, on its excess net passive income if the corporation had:
Even worse for an unsuspecting S corporation, IRC section 1375 provides for a tax on the excess net passive income, computed at the highest corporate income tax rate of 35%.
Chapter 8 explains the corporate (entity) level taxes, such as the built-in gains tax and the excess net passive income tax.
S corporations are responsible for the "built-in gains" tax, the excess net passive income tax, the investment recapture tax, and the LIFO recapture tax (included in "Adjustments to tax" in Figure H).
This item examines the excess net passive income (ENPI) of S corporations.
1375 tax imposed on excess net passive income, as defined in Sec.
Issue: How might a stock redemption be structured to eliminate the tax on excess net passive income (ENPI)?
1375 imposes a tax on excess net passive income, as defined in Sec.
The next alternative is to minimize excess net passive income (ENPI), as defined in Sec.