For purposes of cfcrules how is a us shareholder defined. A. An individual ownin

Question

For purposes of cfcrules how is a us shareholder defined. A. An individual owning preferred stock. B. A u s person owning control of the foreign corporation. C. A corporation affiliated by common owenership. D. A us person owning 10 percent or more of voting stock For purposes of cfcrules how is a us shareholder defined. A. An individual owning preferred stock. B. A u s person owning control of the foreign corporation. C. A corporation affiliated by common owenership. D. A us person owning 10 percent or more of voting stock

Explanation / Answer

Answer is D. A us person owning 10 percent or more of voting stock

US shareholder of a foreign corporation is a US person who owns 10 percent or more of the total voting power of that foreign corporation

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