All income earned by a Swiss corporation owned by a U.S. corporation is deferred from U.S. taxation until such income is remitted back to the United States.
Income that is characterized as subpart F income could be treated as a deemed dividend back to the United States in the year earned by the foreign corporation.

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The Answer of All income earned by a Swiss corporation owned by a U.S. corporation is deferred from U.S. taxation until such income is remitted back to the United States.
Income that is characterized as subpart F income could be treated as a deemed dividend back to the United States in the year earned by the foreign corporation.

All Income Earned by a Swiss Corporation Owned by a U.S