Question: True or False. A foreign corporation owned equally by 11 U.S. individuals can never be a controlled foreign corporation? Explain.

True or False. A foreign owned equally by 11 U.S. individuals can never be a controlled foreign Explain.

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Taxation Of Individuals And Business Entities 2015 6th Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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