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 Glossary   >   C   >   "Controlled foreign corporation (CFC)" Definition   

        Controlled foreign corporation (CFC)

A foreign corporation whose voting stock is more than 50% owned by U.S. stockholders, each of whom owns at least 10% of the voting power.

Controlled foreign corporation (CFC)


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Controlled foreign corporation (CFC) - A foreign corporation whose voting stock is more than 50% owned by U.S. stockholders, each of whom owns at least 10% of the voting power.


Controlled foreign corporation (CFC) : a foreign corporation whose voting stock is more than 50% owned by u.s. stockholders, each of whom owns at least 10% of the voting power.