controlled foreign company
C2CEFR level
82/100Rarity: very rare
TechnicalRegister
A low-taxed foreign subsidiary whose profits may be attributed to and taxed in the hands of its parent under anti-deferral rules.
The diverted profits fell within the controlled foreign company charge and were apportioned to the UK parent.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like controlled foreign company on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.