Before Subpart F Applies, a Foreign Corporation Must Be a CFC

question 14

Multiple Choice

Before subpart F applies, a foreign corporation must be a CFC for how many consecutive days?

• A)1
• B)30
• C)183
• D)365

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Definitions:

Revolving Door

A term often used to describe a situation where people or positions are frequently replaced or changed.

Emerging Adult

A phase of development spanning from late teens through twenties, characterized by exploration, instability, and self-focus in the transition to adulthood.

Father's House

Traditionally refers to a family residence or home that is identified or associated with one's father.

Emerging Adulthood

A phase of the life span between adolescence and full-fledged adulthood that encompasses late teens through the twenties, marked by exploration of identity and self-direction.