controlled foreign corporations (cfcs)
Controlled foreign corporations (CFCs) refer to companies incorporated or registered outside the home country of their controlling shareholders, whereby the majority of their stock is owned by shareholders who have a significant influence on the corporation's decision-making and operations.
Requires login.
Related Concepts (1)
Similar Concepts
- controlled foreign corporation (cfc) rules
- controlled foreign corporation rules
- corporate control
- fcc regulations
- foreign account tax compliance act (fatca)
- foreign corrupt practices act (fcpa) compliance
- foreign direct investment
- foreign investment tax shelters
- foreign tax credit
- foreign tax credits
- multinational corporations
- offshore financial centers
- passive foreign investment companies (pfics)
- taxation of foreign-source income
- taxation of multinational corporations