Controlled Foreign Corporation (CFC)

What Is a Controlled Foreign Corporation (CFC)?

CFC (Controlled Foreign Corporation) – is a corporate entity that is registered and conducts business in a different jurisdiction or country than the residency of the controlling owners.

The CFC rules are a significant part of the tax laws in many countries and are designed to limit profit shifting to low tax or no-tax jurisdictions, often referred to as tax havens.

They prevent tax evasion by companies that try to hide their profits abroad and ensure that profits made by the CFC could still be taxed by the home country.

Our services

As an experienced team of tax advisors, tax experts and lawyers who deal with CFC, we can help you in the following matters:

• Individual analysis of whether CFC tax applies to your company.
• Representation in proceedings before public administration bodies and administrative courts.
• Issues in CFC matters.
• General CFC advice.
• An independent audit of the tax function.