controlled foreign corporation (cfc) rules
Controlled foreign corporation (CFC) rules refer to a set of tax regulations that determine how a country taxes the foreign income of its residents or companies that control foreign corporations. These rules enable the tax authorities to combat tax avoidance by ensuring that the income earned by foreign subsidiaries of residents or companies is subject to taxation in the home country.
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Similar Concepts
- capital gains tax on foreign investments
- controlled foreign corporation rules
- controlled foreign corporations (cfcs)
- fcc regulations
- foreign account tax compliance act (fatca)
- foreign corrupt practices act (fcpa) compliance
- foreign investment tax shelters
- foreign tax credit
- foreign tax credits
- jurisdictional rules
- passive foreign investment companies (pfics)
- tax rates for multinational corporations
- taxation of foreign income
- taxation of foreign-source income
- taxation of multinational corporations