Controlled Foreign Corporations (CFC) Will Not Be Taxed on Their

question 61

Multiple Choice

Controlled foreign corporations (CFC) will not be taxed on their foreign income currently if:

• A) the foreign tax rate is less than 90% of the U.S. corporate income tax rate.
• B) Subpart F income is less than 70% of the CFC's total income.
• C) Subpart F income is less than 5% of the CFC's total income.
• D) None of the above

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Definitions:

Sexist Men

Males who harbor beliefs, attitudes, or behaviors that discriminate against women based on gender.

Hostile Toward

means showing or feeling aggression and animosity against something or someone.

Flirtatious

Behavior characterized by playful or romantic attraction often manifesting as light teasing or conversation.

Attributing Negative Outcome

The process of assigning blame to internal or external factors for unfavorable results or situations.