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  • 61B
  • Account Holder
  • Active Non-Financial Entity (Active NFE)
  • Affiliated Entity
  • AML
  • Automatic Exchange of Information (AEOI)
  • CAA
  • CBDT
  • Central Bank
  • Controlled foreign corporation (CFC)
  • Custodial Institution
  • Controlling Persons
  • CRS
  • CRS Indicia
  • Depository Institution
  • Entity
  • Established Securities Market
  • FATF
  • FFI
  • Financial Account
  • GIIN
  • IGA
  • FATCA
  • Investment Entity
  • IRS
  • KYC
  • Non-Financial Entity
  • Non-Participating Foreign Financial Institution
  • Non-Passive Income
  • Non-Profit Organisation
  • OECD
  • Participating Foreign Financial Institution
  • Passive Income
  • Passive Non-Financial Entity (Passive NFE)
  • Reportable Account
  • Related Entity
  • RFI
  • Reportable Jurisdiction
  • Reportable Jurisdiction Person
  • Reportable Person (for entities)
  • Self-certification Form
  • Tax Regulations
  • Tax Residency
  • TIEA - Tax Information Exchange Agreement
  • TIN
  • TIN equivalent
  • Treasury Center
  • US Indicia
  • U.S. Internal Revenue Code
  • US Person
Glossary Terms
Controlled foreign corporation (CFC)

Controlled foreign corporation

Under FATCA, a CFC is a corporate entity that is registered and conducts business in a different jurisdiction or country than the residency of the controlling owners. Control of the foreign company is defined, in the U.S., according to the percentage of shares owned by U.S. citizens. Vide Sponsored Investment Entity / FFI.

Central BankCustodial Institution

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