Page 702 - Large Business IRS Training Guides
P. 702
Answers to Examples
it is a CFC.
• FS1 is an SFC because A U.S. shareholder
more than 50% of the shares.
controls
not an SFC because it is not a CFC or a foreign
• FS2 is
corporation
with a domestic corporation as a U.S.
shareholder.
it is a CFC.
• FS3 is an SFC because A U.S. shareholder
controls
more than 50% of the shares.
it is a foreign corporation with one
• FS4 is an SFC because
corporate
U.S. shareholder.
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