Controlled foreign corporation

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Revision as of 15:47, 26 July 2017 by imported>Doug Williamson (Create page. Source: ACT CertICM study material, Study Session 4, Reading 4.4 Tax issues that impact treasury.)
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(CFC).

Tax

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.


See also