Question

For purposes of the CFC rules, what is the minimum ownership percentage (considering voting or value...

For purposes of the CFC rules, what is the minimum ownership percentage (considering voting or value ownership) that a U.S. person must have in order to be treated as a U.S. shareholder?
A) 5 percent
B) 20 percent
C) 15 percent
D) 10 percent
0 0
Add a comment Improve this question Transcribed image text
Answer #1

ANSWER: 10 percent

The minimum of 10 percent ownership shoul a u.s person should posses in order to be treated as u.s shareholder according to CFC

Add a comment
Know the answer?
Add Answer to:
For purposes of the CFC rules, what is the minimum ownership percentage (considering voting or value...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 16 ownership in the investee's voting stock can significantly influence the investee's decisions wa Oь...

    Question 16 ownership in the investee's voting stock can significantly influence the investee's decisions wa Oь ec Od 15 percent to 20 percent 10 percent 5 percent to 10 percent 20 percent to 50 percent Question 17 Which of the following is true of trading investments? b OC They must be adjusted and reported at fair value at the end of each accounting period They are always reported on the balance sheet at their historical cost. They are held for...

  • EXHIBIT 16-6 Stock Ownership and Dividends Received Deduction Percentage | Receiving Corporation's Stock Ownership in Distributing...

    EXHIBIT 16-6 Stock Ownership and Dividends Received Deduction Percentage | Receiving Corporation's Stock Ownership in Distributing Corporation's Stock Less than 20 percent At least 20 percent but less than 80 percent 80 percent or more Dividends Received Deduction Percentage 50% 65 100 * To qualify for the 100 percent dividends received the receiving and distributing corporations must be in the same affiliated group as described in $1504. The 80 percent ownership requirement is the minimum ownership level required for inclusion...

  • 16. Which of the following is true regarding minimum distribution rules? A. If the employee owns...

    16. Which of the following is true regarding minimum distribution rules? A. If the employee owns more than 10 percent of the company, deferral to the actual retirement date is not permitted. B. Minimum distributions must be cashed out by the employee and spent. C. If the annual distribution is less than the minimum amount required, there is a penalty of 20 percent of the amount not distributed. D. Code Section 401(a)(9) requires plan distributions begin no later than April...

  • For the following scenarios, please tell me what the minimum sample size needed is, rounded up...

    For the following scenarios, please tell me what the minimum sample size needed is, rounded up to the nearest integer (e.g., if your answer is 51.3, round it up to 52). Remember that you cannot survey a fraction of a person – it has to be a whole person. If you round down, then you won’t have the minimum amount of precision needed, so you must round up. For the z-scores, refer to table provided Confidence Level z-score 90% 1.65...

  • Z-Sisters Corporation has one class of voting common stock, of which 1,000 shares are issued and...

    Z-Sisters Corporation has one class of voting common stock, of which 1,000 shares are issued and outstanding. The shares are owned as follows: Shares Lourdes Vick 400 Anita Vick (Lourdes’s daughter) 200 Liz Vick (Lourdes’s daughter) 200 Cat Labrillazo (unrelated) 200 Total 1000 Z-Sisters Corporation has current E&P of $300,000 for this year and accumulated E&P at January 1 of this year of $500,000. During this year, the corporation made the following distributions to its shareholders: 03/31: Paid a dividend...

  • A firm forecasts the euro's value as follows for the next year: Possible Percentage Change Probability...

    A firm forecasts the euro's value as follows for the next year: Possible Percentage Change Probability 2% 10% 3% 50% 6% 40% The annual interest rate on the euro is 7 percent. The expected value of the effective financing rate from a U.S. firm's perspective is about: a. 8.436 percent b. 11.112 percent c. 10.959 percent. d. 11.541 percent.

  • For passive activity loss limitation purposes, what have several court decisions clarified about a member of...

    For passive activity loss limitation purposes, what have several court decisions clarified about a member of a multi member LLC who is an individual? a. The individual is treated as a limited partner when determining if the member can pass any of the material participation tests, b. The individual is treated as a general partner when determining if the member can pass any of the material participation tests, c. The individual can never pass any of the material participation tests,...

  • 10) Counterfeiting is: A) the ownership of a written, recorded, performed or filmed creative work B)...

    10) Counterfeiting is: A) the ownership of a written, recorded, performed or filmed creative work B) the use of a formal legal document for illegal purposes. C) the use of a product name that has differentmeaning than the original brand. D) the unauthorized copying or production of a product. E) the use of a distinctive mark of a brand that is no longer producing the original brand. 10) 11) In many parts of the world, sales of unauthorized videos of...

  • For passive activity loss limitation purposes, what have several recent court decisions indirectly indicated about a...

    For passive activity loss limitation purposes, what have several recent court decisions indirectly indicated about a member of a disregarded single member LLC who is an individual? a. The individual should be treated as a limited partner when determining if the member can pass any of the material participation tests, b. The individual can never pass any of the material participation tests, c. The individual should be able to use all seven of the material participation tests, d. The individual...

  • 9) What annual percentage rate into al percentage rate (APR) would Rayne need to car if...

    9) What annual percentage rate into al percentage rate (APR) would Rayne need to car if she deposits 51.000 per month eginning one month from today in order to have a total of $1,000,000 in 30 year? A) 5.9896 B) 6.5596 C) 4.8796 D) 6.1496 50.000 at 10 percent annually mounded interest to be repaid in four annual 10) Jia borrows S50,000 at 10 percent ann annual installments. The actual end-of-year loan payment is A) S10,774 B) 512,500 C) $14,340...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT