Which of the Following Income Items Do Not Represent Subpart

question 118

Multiple Choice

Which of the following income items do not represent Subpart F income if earned by a controlled foreign corporation?

• A)Purchase of inventory from a U.S.parent and sale to anyone inside the CFC country.
• B)Purchase of inventory from a U.S.parent and sale to anyone outside the CFC country.
• C)Purchase of inventory from a U.S.parent and sale to a related party outside the CFC country.
• D)Purchase of inventory from a U.S.parent and sale to a non-related party outside the CFC country.