Controlled foreign corporation: Difference between revisions
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imported>Doug Williamson (Create page. Source: ACT CertICM study material, Study Session 4, Reading 4.4 Tax issues that impact treasury.) |
imported>Doug Williamson (Classify page.) |
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''Tax'' | |||
(CFC). | (CFC). | ||
A corporation which is resident outside a given tax jurisdiction - but which is controlled from within it - and therefore subject to CFC anti-avoidance tax rules. | A corporation which is resident outside a given tax jurisdiction - but which is controlled from within it - and therefore subject to CFC anti-avoidance tax rules. | ||
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* [[Double taxation]] | * [[Double taxation]] | ||
* [[Residence]] | * [[Residence]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 20:36, 27 June 2022
Tax
(CFC).
A corporation which is resident outside a given tax jurisdiction - but which is controlled from within it - and therefore subject to CFC anti-avoidance tax rules.
Also known as controlled foreign companies.
