Given the following information, determine if FanCo, a foreign corporation, is a CFC. $\begin{array}{lcl}
\text { Shareholders of } & \text { Voting } & \
\text { foreign corp oration } & \text { power } & \text { Classification } \
\text { Murray } & 24 \% & \text { U.S. person } \
\text { Nancy } & 20 \% & \text { U.S. person } \
\text { Otto } & 40 \% & \text { Foreign person } \
\text { Patricia } & 16 \% & \text { U.S. person }
\end{array}$ Patricia is Murray's daughter.

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The Answer of Given the following information, determine if FanCo, a foreign corporation, is a CFC. $\begin{array}{lcl}
\text { Shareholders of } & \text { Voting } & \
\text { foreign corp oration } & \text { power } & \text { Classification } \
\text { Murray } & 24 \% & \text { U.S. person } \
\text { Nancy } & 20 \% & \text { U.S. person } \
\text { Otto } & 40 \% & \text { Foreign person } \
\text { Patricia } & 16 \% & \text { U.S. person }
\end{array}$ Patricia is Murray's daughter.

Given the Following Information, Determine If FanCo, a Foreign Corporation