A controlled foreign corporation is a foreign corporation in which U.S. shareholders own more than 50% of the voting power or stock value.

Name: A controlled foreign corporation is a foreign corporation in which U.S. shareholders own more than 50% of the voting power or stock value.
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A controlled foreign corporation (CFC) is, by definition, a foreign corporation in which more than 50% of the total combined voting power or value of its stock is owned by U.S. shareholders.

A Controlled Foreign Corporation Is a Foreign Corporation in Which