Assuming All Sales Are Made to Unrelated Customers Outside the CFC's

question 6

Multiple Choice

Assuming all sales are made to unrelated customers outside the CFC's country of incorporation, which of the following types of income earned by a CFC is Subpart F income?

• A) Income from sale of property manufactured by the CFC.
• B) Income from the sale of property manufactured by a subsidiary of the CFC in the same country as the CFC.
• C) Income from the sale of property manufactured by the U.S. parent of the CFC outside the CFC's country.
• D) Income from the sale of property manufactured by an unrelated person outside the CFC's country of incorporation.