If your company does not fall under the definitions of an "Active NFE" and is not an "FI" ("Financial Institution"), then your company most likely falls under the passive NFEs.

Passive NFE: A passive NFE generates more than 50% of gross income and/or assets through passive income. This includes such items as dividends, interest, rent, or annuities.

Important Notice. We do not provide tax advice. For tax questions, please consult your tax advisor.