Two U.S. persons each own 28% of FORco, with a nonresident alien owning...
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Two US persons each own of FORco, with a nonresident alien owning the remaining FORco is incorporated in Country X Which one of the following statements is true? FORco is a CFC regardless of whether it performs services solely inside its country of incorporation. FORco is not a CFC unless it performs services outside its country of incorporation. FORco is a foreign branch subject to the US branch taxes under section All of the above. None of the above. 
Two US persons each own of FORco, with a
nonresident alien owning the remaining
FORco is incorporated in Country X Which one of
the following statements is true?
FORco is a CFC regardless of whether it performs
services solely inside its country of incorporation.
FORco is not a CFC unless it performs services
outside its country of incorporation.
FORco is a foreign branch subject to the US branch
taxes under section
All of the above.
None of the above.
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