Given the following information,determine if FanCo,a foreign corporation,is a CFC.
Patricia is Murray's daughter.
Definitions:
Social Security
A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and unemployed.
Long-term Solvency
The ability of an entity, typically a government or business, to meet its long-term financial liabilities and obligations.
Low Birthrate
A situation where a country or region experiences a lower number of births, often leading to concerns about population decline and demographic aging.
Aging Population
A demographic trend where the median age in a population increases over time due to increasing life expectancy and/or declining birth rates.
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