CFC


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CFC

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Controlled Foreign Corporation

A company registered in and regulated by a foreign country that has at least 50% American ownership. Setting up a corporation in a foreign country may have tax advantages; for example, a country may encourage companies to register in it by having no corporate tax. The IRS works within the context of foreign treaties to determine how earnings from controlled foreign corporations are taxed in the United States.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
CFC's has also added cover for government plant suspension and product tamper for financial gain.
CFC plans to start marketing its new cyber platform on June 1, 2019.
The CFC group election would permit a "roll-up" of a lower-tier CFCs excess taxable income (CFC ETI) to a higher-tier CFC, and ultimately to the U.S.
Fitch believes CFC has been able to maintain appropriate funding through various interest rate and credit cycles and has successfully diversified its funding base over time.
By definition, a CFC in a CFC inclusion year can have tested income or a tested loss, but not both.
To be granted CFC certification and to become a member, companies have to show a clear African orientation, she says.
L'article CFC fait le point est apparu en premier sur ALBAYANE .
Today CFC is a wholly owned subsidiary of Illinois Tool Works Inc (ITW), which acquired CFC in 2006.
By maintaining high credit standards and investment-grade credit ratings from Moody's Investors Service, Fitch Ratings and Standard & Poor's Corporation, CFC provides its members with competitively priced financing and investment opportunities.
Second, convergent validity was assessed by investigating the pattern of relationships between the CFC and other variables.
Commercial Facilities Company (CFC) was established in 1977 as the first Kuwaiti closed shareholding company with an initial capital of KD 3.8 million.
"CFC has earned a lot of goodwill through successful contracts on behalf of local authorities and housing associations," he said.