Which of the following is the most important type of Subpart F income?

Question

Quizplus · Accepted Answer

Income from foreign base companies is the most important type of Subpart F income, as it includes income from controlled foreign corporations (CFCs) that are set up in low-tax or tax haven countries. This income is subject to U.S. taxation, even if it is not repatriated to the U.S. parent company. The other options listed are also Subpart F income, but they are generally less common and may not apply in every case.

Which of the Following Is the Most Important Type of Subpart